Legal Question in Consumer Law in Texas
Cancel a contract on new car purchase within 3 days
I signed the contract on a new car purchase Tuesday night, November 28. I feel I was high pressured into purchasing and signing the contract by you guessed it, car salesmen. They stated another buyer was interested and would purchase it if I didn't make up my mind immediately. Can I return the vehicle within 3 days and request the contract be cancelled or am I liable for loan? I've decided I'm not comfortable in vehicle and can't afford monthly payments.
Asked on 11/30/06, 8:37 am
1 Answer from Attorneys
Sharon Campbell
Sharon K. Campbell
Re: Cancel a contract on new car purchase within 3 days
There is no right to cancel a contract within three days. (unless its a home solicitation)
Answered on 11/30/06, 12:55 pm
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