You are here: Fairness.com > Resources > Too late to renege on car purchase

Too late to renege on car purchase

Date: December 1, 2006
Author: Dr. Don Taylor Ph.D., CFA, CFP
QUOTE: A right of rescission in a contract gives you a cooling-off period where you can walk away from the deal. It's normal for homeowners to have this right when they use home equity loans to tap the equity in their homes, but isn't standard fare on the purchase agreement for a new car.

Article MetaInformation:

Key People:
Key Organizations:
Subject & Geographic Categories:

Comments:

none
*User comments are posted without Fairness.com LLC's prior review or approval, and Fairness.com LLC takes no responsibility for them; please see our Conditions of Service Agreement.