states w/cooling off period/right of rescission on new cars?

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cwerdna

Well-known member
Joined
Jun 3, 2011
Messages
13,687
Location
SF Bay Area, CA
Since there was this post at http://www.mynissanleaf.com/viewtopic.php?p=352740#p352740" onclick="window.open(this.href);return false; (emphasis added by me)
jfon101231 said:
Something to keep in mind is that I'm pretty sure it is law in most if not all states that there is a 2-3 day recission period where you can go back in there and say no thanks and walk away... Get the best of both worlds where you can lock in something, but not have to go through with it if you quickly find out it isn't a great deal.
I want him to back up this statement on new cars w/reputable sources (e.g. reputable news outlet, state government's web page, etc.)

I know this is definitely NOT true in CA and WA from all the signage I've seen in car dealers. http://www.seattlepi.com/lifestyle/article/Consumer-Smarts-Myth-of-the-cooling-off-period-1254663.php" onclick="window.open(this.href);return false; states that it's a myth in WA.

If anyone else knows/believes their state has a mandated cooling off period/right of rescission on new cars, please post links and quotes from reputable sources.

Let's get to the bottom of where this is the law.

(FWIW, nobody at http://priuschat.com/threads/which-states-have-a-cooling-off-return-period-on-new-cars.103928/" onclick="window.open(this.href);return false; has shown any proof that their state has a cooling off period on new cars.)
 
Allow me to pull out my inner lawyer.

These rules typically apply to cases when you are approached by a salesman. I'll give the example of the vacuum salesman and the drunk homeowner. Or (in times LONG past) the encyclopedia (remember those??) salesman. Someone who has been drinking or is otherwise unable to make a sound decision is allowed an out from the contract generally within 3 days.

When you go in to purchase a vehicle you are the one who is approaching them. The rule doesn't apply.

Its not that it doesn't apply to new cars its a matter of who approached who in the transaction. Now if the dealer was going door to door selling cars then it would be different. That is how it was explained to me.


Disclaimer: I am not a lawyer and this isn't legal advice. This is how it was explained to me.
 
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