I boughr a new car 5 days ago and I do not like it how can I get out of it?

Answer 1

Please read & then re-read the answer given by 'fire4511'
He (like myself) is a professional in this field (buying & selling of cars & transportation)
Many of the other answers are just guesses & if you take some of that advice you may get yourself in trouble (ie: mindbenders advice to threaten the dealer by hanging lemons on your car, will not make them nervous but could get you arrested)
The ONLY state that has ANY law regarding a 'grace period' in your type of situation, is California. & even California's law was just recently passed ( less than 2 mos ago)

So before you take the advice of well meaning others, please take a look at their profile page & see what kind of 'expertise' they have in this particular catagory.

Good Luck.

Answer 2

There is NO right to return a car because you changed your mind.

There is NO right to return a car because you changed your mind.

There is NO right to return a car because you changed your mind.

I can not say this enough!!!

The 72 hours rule that everyone keeps talking about applies to in home sales. It does not apply when you go to a "normal place of business". It was designed to prevent people from being pressured into signing contracts just to get the salesman to leave their home. When you go to a place of business, you always have the option of walking out. You can not walk out of a sales situation in your own home.

When you take delivery of a vehicle, and drive it off the dealers lot, you own it!! The dealer is not required to take it back, and most likely will not. If he does, you will have to buy another vehicle from him, because he is not going to refund your money.

You bought a car. You now have a problem. Unless the car is covered under a special program, like Chrysler is offering now, the dealer is NOT going to take the car back. Even the Chrysler "return" program has so many fees, and qualifying conditions (5% of MSRP (not purchase price) and the car has to have been financed by Chrysler, not your bank) it can not be considered a real return.

If you paid cash, you are in a better position than if you financed the vehicle, but either way you are going to lose a TON of money.

Unless you have purchased a very high demand vehicle (such as a hybrid Prius), you are looking at a major reduction in the value of the vehicle due to depreciation. When you buy a new car, as soon as you drive it off the lot, it becomes used!! There is, depending on the price of the vehicle, at least a couple of thousand dollar drop in value. The more expensive the vehicle is, the greater the reduction in value.

You would need to sell the car, and if you financed it, you would have to pay any balance owed. You are looking at losing at least $2000 and most likely much more, depending on the vehicle.

I would learn to like the car, it is too expensive to get out of it now!

Answer 3

Most states have a 3 business day clause for your right to return anything you find unsatisfactory. You mention five days but in some states the weekend days don't count.

Even so, if the dealer is reputable and the car doesn't have a lot of miles take it back and work out the best deal you can on a different car you do like or expect to take a loss on the cars value. It would be nice if they would only charge you for the miles you have driven. Don't let them knock off thousands because it is used. They might try that, but don't take it. You can always threaten to park the car near the dealer with a bunch of lemons hanging in the windows for the whole world to see. That will make them nervous because right now car sales are slowing down and they need every sale they can get. If the reason you don't like the car is because it has mechanical problems take it in and make them fix it. They only get three tries before you can use the lemon law to make them buy it back.

And please do yourself a favor. Next time take a long test drive before you buy a car. A good dealer will have at least one demonstrator for you to put through the paces so you can be certain you like the car before you sign on the dotted line.

If a salesman pressured you into buying the car, ask for the owner or general manager and mention to him/her you feel they used unethical sales tactics. That will get their attention. They don't like negative advertising.

Good luck with this.........

Answer 4

i was stuck in the same exact predicament. in nov i got talked into buying a 2005 cavalier, but i hate it, it doesnt have power anything and it is a 2 door it isnt at all anything id ever want, but i got talked into it cause it was cheap and brand new with warranty.
not sure how to get out of it, everyone tells me to keep it for a year and then sell it, but i know im gonna lose $ on it.
u could try to take it back up there to them and say it isnt what u thought it was and maybe look ata different car if possible. otherwise im not sure what to tell ya....sorry , good luck

Answer 5

Short of opening the door, or crawling out the window, I am not sure. You need to check your state laws. Or, call the dealer and see if they will take it back and let you get something you like better, but I believe it will cost you more money. California has no grace period, so once you drive off, you can't change your mind and take it back without some sort of penalty . . . then again, it can't hurt to try.

Answer 6

Well, I guess you could sell it privately. Just stick some for sale signs on it and see what happens. Why don't you like it? What kind of car did you get? That's too bad. I hope everything works out for you... Good Luck!

Answer 7

As long as it`s not an as is contract. and you have`nt dammaged it in any way you should be able to trade it out for one you like on the same lot. but you won`t get any money back, and might loose a couple of thous. because it`s considered a used car now.

Answer 8

A lot of states and companies have a honeymoon period, where if you do not like the car, you take it back...you need to call the dealership.

Answer 9

Normally, you have 3 business days to change your mind.

Maybe you can talk the dealer into a trade on his lot.

Answer 10

Well if you got it from a dealer and had it financed then you have a few days of leeway so I would think if its a dealer take it back and just let them know your unhappy with it ..