Legal Question in Consumer Law in Illinois

bought new car changed my mind

A few hours ago i bought a new car, signed papers, agreed to financing. Now i have changed my mind about who i want it financed through and even possibly the car i chose. It has been less than 24 hours. Can i change my mind ????


Asked on 11/08/02, 8:33 am

1 Answer from Attorneys

Thomas Moens Moens Law Offices, Chartered

Re: bought new car changed my mind

Unfortunately, no. Many people believe they have three days to decide about any contract they sign. This three day right to cancel applies in only very specific circumstances, for example, refinancing your home, door to door sales. Otherwise, once you sign on the dotted line, you are obligated.

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Answered on 11/08/02, 8:39 am


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