Buyers Remorse Laws

For the most part, you have got to assume that once your name goes on the bottom line, you have agreed to what it says. You as a buyer and you as a consumer have the right and the duty and the responsibility to try to understand it as best you can and get help to understand it if you cannot understand it. Do not count on the fact that you can come back in a couple of days and take it back because generally speaking, it just does not happen. People think that there is a 3-day buyer’s remorse on car sales. Right! That is what everyone believes and the answer is no! There is not a three-day remorse on car sales. Once you have signed on the dotted line and bought that car, taken the title, taken the liberty of that car that is your car! With very limited exceptions that three day right to cancel that we all hear about does not exist! If you buy a house, the rule is, you bought it! if you buy a car, the rule is you bought it. There have been some advertised specials where dealers will take the car back if you are not happy with it. If it gets to me and you do not like the car, yes, I am going to take the car back, but I can only speak for myself. Generally speaking that is not the case. Most dealers are going to tell you, “You know what, you are an owner. Congratulations!” That is the law. And there really is not that three-day right of rescission. Check the return policy when you buy something retail to see what their policy is. Ask now or forever hold your peace!