Legal Question in Consumer Law in California
car buyers bill of rights
My friend bought a used car from a dealer on 9/22/06. On the contract it states that CA does not have a cooling off period for cars. I thought the new car buyers bill of rights gave her 2 days. Is this something she should have requested before signing the contract? The problem is she agreed to pay too much at too high an interest rate. Does she have any options?
1 Answer from Attorneys
Re: car buyers bill of rights
The new law requires the auto dealer to offer the consumer an option contract which would allow the consumer to return the vehicle within 2 days (48 hours). If the option contract is not purchased (i.e., there is a price to be paid by the consumer to the dealer for the right to return the vehicle, ranging from $75.00 to $250.00, depending upon the price of the vehicle), then there is no right to return the vehicle.
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