How long do I have to return a used car in Louisiana?
Dealers are not required by law to give used car buyers a three-day right to cancel. The right to return the car in a few days for a refund exists only if the dealer grants this privilege to buyers.
Does Louisiana have a lemon law for used cars?
The Louisiana lemon law covers used vehicles, but problems must be reported within one year following the vehicle’s original delivery to a consumer or within the vehicle’s express warranty term, whichever ends sooner. Almost every used car is purchased long after either of these two periods.
When do you have to return a used car?
General Return Policy. Contrary to popular perception, dealers are not required by law to grant used car buyers a three-day right to cancel the purchase (sometimes expressed as a “buyer’s remorse” allowance). The right to return the car within a specified time only exists if the dealer expressly grants this option to the buyer (preferably,…
What do you need to know about buying a used car in Louisiana?
Three states – Louisiana, New Hampshire, and Washington – require different disclosures than those on the Buyers Guide. If the dealer fails to provide proper state disclosures, the sale is not “as is.” To find out what disclosures are required for “as is” sales in your state, contact your state Attorney General.
What’s the right to cancel on an used car?
Can you return a car you just bought if you changed your mind?
The bottom line: You can’t return a car just because you changed your mind about it or because the salesman was pushy unless it’s written into the sales contract that you can. The Federal Trade Commission’s “cooling-off” rule — established in the 1970s — allows consumers 3 days to cancel a transaction.
What are the laws on returning a used car?
1 General “Lemon Laws”. Every state has its own particular laws concerning the sale of automobiles. 2 General Return Policy. Contrary to popular perception, dealers are not required by law to grant used car buyers a three-day right to cancel the purchase (sometimes expressed as a “buyer’s 3 FTC Used Car Rule. 4 “As Is”.
Can a buyer return a used car to the dealer?
There are many helpful consumer laws aimed at helping buyers to get out of a contract before returning a used car to the dealer. In most states, when a dealer or finance company engages in fraudulent practices, the buyer has remedies to revoke the contract and get a full refund.
Three states – Louisiana, New Hampshire, and Washington – require different disclosures than those on the Buyers Guide. If the dealer fails to provide proper state disclosures, the sale is not “as is.” To find out what disclosures are required for “as is” sales in your state, contact your state Attorney General.
When do you get your money back on a used car?
The right to return the car in a few days for a refund exists only if the dealer grants this privilege to buyers. Dealers may describe the right to cancel as a “cooling-off” period, a money-back guarantee, or a “no questions asked” return policy.