Tuesday, September 6, 2016

How to Return a New Car After Purchasing

Buying a new car can be one of the more important financial decisions most people make in their lifetimes. "According to the Federal Trade Commission, a new car is second only to a home as the most expensive purchase many consumers make." If after taking the car home you feel buyer's remorse, returning the car to the dealership can be a difficult task. However, you can increase your chances that your car will be returned if you review your state's laws and the dealer's policies regarding new car returns.

Instructions

    1

    Contact your state's attorney general's office regarding the lemon law. If your car has a serious defect (electrical or mechanical) that makes it nonfunctional, it may be eligible for protection under your state's laws. If it is found to be defective, the dealer will have to legally take the car back.

    2

    Inspect your car thoroughly for damages. The dealer may refuse to take the car back if even slight scratches are found. If there is damage to your car, get it repaired before you take the car back.

    3

    Review your purchase contract. The dealership will outline in the contract if there is a return policy and what the requirements are in order to return your vehicle. Make sure all of the requirements are met before returning the car.

    4

    Contact the dealer. Talk to the salesperson who sold you the car. Explain that you want to the return the car and that you have followed the guidelines stipulated in the contract to do so. Schedule a date and time to return the car with the salesperson.

    5

    Take the car back to the dealer. Ensure that you bring all of the original paperwork and accessories that came with the car. Bring along the contracts and your identification to meet with the dealer.

    6

    Sign the cancellation contract to void your original purchase agreement. The dealer will provide the cancellation contract. Review the contract to ensure that all of the details are accurate. Sign the contract to complete the transaction.

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