how long after you buy a car do you have to return it? i bought it Oct 10th?

Question

I bougt a car and I am very unsatisfied with the customer service and when I bought thecar I bought it for a total financed amount of $24, 460.00 and I received a bill from the bank today sayin that the total payoff amount is $28,971.56, I could have bought a new one for $32,000.00 I bought a 2004 for 22,500 and with tax, title and license, plus extended warranty I paid $24,640.00. I am not happy with other things that have happend. they tried to screw me with a few other things as well.

the car was 22,5. thesais with tax, title, license, warranty and finance charges, 24,6. so why is it now 28,9?

yes, but I am paying off the car cash! I financed it for allof 2 weeks! someone in the family has passed on and left me and inheritance that i am payingoff cash! and i signed with a totla financed amoountof $24,600.00

Answer 1

Usually 72 hours, and when buying used lemon law does not apply.

Answer 2

You have signed a financial contract with the lending institution that financed your car. Your kind of knee deep in crap when you put your signature on that contract to purchase the car. You should have never signed it if you didn't want the car. You should have asked questions to the finance manager or salesman who got you the loan on the vehicle you purchased before you signed. The total amount of the payoff is with the interest involved on the car loan. All your paying technically on the car for the first year or so is the interest. Todays high tech auto salesman are usually gun ho and in a hurry to get you financed on the car of your choice now a days. Once they get you financed and you drive away, they don't want to know you or the car. In the mean time there working on the next sucker who walks through the door. If you give the car back to the dealer please keep in mind that you are still liable for that loan no matter what. It will hurt your credit and go down as a reposessed car and that would look bad on your credit history especially if you want something else down the road financed.`

Answer 3

Unless your state has a "lemon law", and your car has demonstratable defects, (and you can prove the defects were present when you bought the car) you are likely stuck with this car. Even with the consumer laws, you likely had 72 hours to return the car if it was a bad car. I am sorry to say, a little more up front research would have saved you a lot of heartache. Having said that, I would question the bank about the $4500 difference between your "financed amount" and payoff. That does not look right. Double-check your contract to make sure there were no additional charges.

Answer 4

The dealer has no incentive to discount the car when you call on the phone. There is no way that they can send you the car over the phone, nor can you send them the money. You will need to go and look at the car, and make your offer in person to be taken seriously. December is a slow period, and in some states the dealers do want to reduce inventory due to tax considerations. Usually the dealer is more willing to deal at the end of the month, when they are trying to make the sales goals, but in this case your best bet would be to go to the dealership and try to make the deal. $5000 off is not usually going to happen, unless the dealer has seriously marked up the vehicle. You do not say what the asking price is, and if the car is a coupe or convertible, so I could not tell you what a reasonable sales price would be.

Answer 5

normally to return a major purchase like a car for just basis of "not happy" it has to be done in the first 3 days.

now the lemon law extends for 30 days but that is due to massive repairs, finding out the car was totaled and glued back together, etc.

what you are told at the dealership isn't always what the final payment is gonna be. they might get quoted a 4.7% rate but once paperwork goes through it changes or items are found on credit that alters % rate.

check with any law agency or attorney and they will state this is very common. even ask banks.

to just not be happy with a car....you are stuck with it till you either trade it in or sell it. gotta do your homework prior to a major purchase. no one says you can only drive it for 10 mins before owning it. many dealers will let you take a car home over night to get a good feel for it.

I service dealerships for a living.....they are not scam artists or thieves. If they were every government agency would shut them down.

Most blame dealers for not understanding the complete buying a car process. Or those that don't do their homework first, test drive many cars, research each model, etc.

To blame the dealer cause of money or loans....that is unfair as well as they are not part of that...just a helping hand to the bank. Blame the bank, call them names. Not the dealer.

Cars sales in the USA are down by record amounts right now. They have dropped and dropped since 9/11.

People need to get over this myth and lie that dealers are out to screw them. Less than 1% of 1% of 1% of them are crooked. Most walk onto a dealers lot with such a stuck up, im not gonna get ripped off attitude, it forces the salesman into being cocky or rude. how would you feel if I stormed into your office and demanded things, threw papers at you, said you and your boss are smoking crack, etc.

Average profit on a used car in todays world is $1,345. Meaning this is what they clear after buying it, cleaning it up, doing mechanics to it, fixing a few dents, few cig burns, etc.

But now you gotta pay over head on building, secretary wages, mechanic wages, lot boys, managers, salesmen, insurance on the cars, taxes...list goes on and on.

Yea.....dealers make a killing.......HA!

I service them and I make more if not double what any manager out there makes.

Answer 6

I am not sure what state you are in, but California does not allow for a Cooling Off period. Even if you bought it one hour ago you cannot return it. The only thing you can do is pursue action under the Lemon Law, but you have to prove that you have repaired the same problem several times over again before that will work. Dissatisfaction with the price is not a valid complaint.

Answer 7

if you pay off the car they can not charge u the full amount of interest it against the law. it like paying it off in 90 day most will let you pay it off in 90 days no interset. the interest they are charging u i for full term contract 4 or 5 years they cant charge you all that tell if they do your going to sue them . but to give it back its 3 day to change you mind

Answer 8

your redemption perioid ended when you signed on the dotted line
unless the car is a certified lemon, u r stuck.
the additional 4500 bus is the interest added to the financed amount.
this is about 16% interest.

Answer 9

the 32000 car may have cost 38000 with finance and increased insurance cost,if its a lemon check your local laws about your protection ,usually no return privalige on used cars,talk to the dealer

Answer 10

most places have 30 day lemon so if you do not like the car you can return it if you are not happy with it