Campbell, CA asked in Contracts for California

Q: I purchased used carbut I want to return it. Called me to resign contract. Can I return at this point

Sign used car no return, dealership says I need to come in resign contracts to lower monthly payment.

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1 Lawyer Answer
Yelena Gurevich
Yelena Gurevich
Answered
  • Studio City, CA
  • Licensed in California

A: You cannot buy a car and then decide you want to return it. However, the dealer can sell you a car and if they cannot find you financing within 10 days, then they can ask for the car back and cancel the contract. The dealer cannot make you sign a new contract. So if you are in this position, (i.e. the dealer cannot find financing), then you give the dealer 2 options: 1) you return the car and the contract is cancelled; or 2) the dealer becomes your finance company. Make these offers in writing and get a written response from the dealer.

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