2007-06-20 03:31:27 · 4 answers · asked by Riddledmind 2 in Cars & Transportation ➔ Buying & Selling
NO, there are no give backs when you buy a car. If you can't afford it, sell it.
2007-06-20 04:54:26 · answer #1 · answered by mccoyblues 7 · 0⤊ 0⤋
It depends what state you live in.
In most instances the answer is NO. But there are some instances which you may. In general, if you buy from a private seller and the money transaction is complete and you have signed the back of the title, than the car is yours, even if 10 seconds later the engine blows. Buying from a dealer is different, dealers have to adhere to the laws of their state regarding sales of used cars, and in most states there are some laws that protect the consumer in one way or another. The ONLY time which you will have a right to return the car regardless of who the seller is (dealer or private), is when: 1) Odometer is not the actual reading and the seller did not disclose that. (its a federal law, they have to) 2) If the car has frame damage, salvage title, or any other type of title other than "clear" and the seller didn't disclose. These 2 conditons have to be reported to the buyer, and most sellers will even include the fact on the bill of sale to protect themselves. But if they fail to inform you and you find out about it later, than you have to be reimbursed. Hope this helped you out.
2007-06-20 10:36:52 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't understand. The only reason your vehicle is repoed is b/c you cannot pay. I'm sure you could try to sell the vehicle and cut your losses
2007-06-20 10:40:49 · answer #3 · answered by Joe S 2 · 0⤊ 0⤋
If you mean can you sell the car, yes you can. But you need top ayoff the loan to the bank no matter how much you sell it for.
2007-06-20 11:42:50 · answer #4 · answered by Jay P 7 · 0⤊ 0⤋