Wednesday 21 September 2011

What are the options: Car signed for (trade-in) yesterday and changed mind?

My Dad traded out a vehicle yesterday. Turns out we think it was a really, really, really bad deal. He will owe almost double than what he owed on the vehicle he traded out. Is there ANY way to go back on the deal? We are in Texas. Traded an HHR for an '08 Impala. He signed for the car and will pick up the title tomorrow.
What are the options: Car signed for (trade-in) yesterday and changed mind?
You read the contract before signing, you accepted the terms...enjoy your new ride.
What are the options: Car signed for (trade-in) yesterday and changed mind?
You might have 3 days to change your mind.

http://search.yahoo.com/search?p=change+鈥?/a>
Contrary to the often-repeated bad answer here - there is NO %26quot;cooling off%26quot; period. Not Three days, three hours or three minutes, Once ink is on paper you have created a leagally binding agreement.
Bob T. is flat-out wrong. There is no 3-day %26quot;cooling off%26quot; or %26quot;buyer's remorse%26quot; period when buying a vehicle. Once the papers are signed, it's a done deal. I hope your dad enjoys his new Impala.