When does the purchase of a new car become complete? I have always heard that the buyer has to take possession of the vehicle and drive it off the lot but I am being told now that when the paperwork is signed, the deal is complete even though possession of the vehicle never changed.
Asked on 12/13/12, 11:48 am
2 Answers from Attorneys
Glenn M. Lyon, Esq.
MacGREGOR LYON, LLC, Business Attorneys
When the agreement is executed.
Answered on 12/13/12, 11:51 am
Glen Ashman
Ashman Law Office also dba Glen Ashman Attorney
The second you sign, it's yours.
Answered on 12/13/12, 2:04 pm
