How long do you have to change your mind after buying a used car?

One of the most common questions asked by consumers is whether there is a “Cooling-off” period under California law. Virtually every car sale contract in California includes fine print that allows a dealer to demand return of the vehicle within 10 days.

Should you put a big down payment on a car?

Putting money down on a vehicle has plenty of advantages. The larger the down payment, the lower your monthly payment will be—and you’ll probably get a better interest rate, to boot. A larger down payment also helps you build equity faster and protects you and the lender against depreciation and potential loss.

Is it good to finance a car through dealership?

Dealership financing is quick, easy, and convenient. Dealerships with in-house financing may offer lower interest rates than banks or credit unions. Because dealerships specialize in lending to car buyers, in-house financing could save you money. Dealership financing may be the best option for buyers with bad credit.

Can I buy a car and not insure it?

Technically, you can buy a vehicle without insurance. However, whether you’re buying a new or used car, you need auto insurance to drive it home — specifically, a policy that meets your state’s minimum amount of liability insurance. Most car dealerships won’t allow you to leave with the car unless it’s insured first.

How long do you have to return a car to a dealership?

Problems with cars bought from dealers (For a used car, “satisfactory quality” takes into account the car’s age and mileage.) You have a right to reject something faulty and you’re entitled to a full refund within 30 days of purchase in most cases. After 30 days, you lose the short-term right to reject the goods.

Can a dealership steer you to a car you don’t want?

Don’t Let the Salesperson Steer You to a Vehicle You Don’t Want Typically, a dealership is always trying to sell the vehicles it has in stock, Fuller told us. And that is not always in the best interest of the customer.

Can a dealer sell a vehicle without a title?

“A dealer or manufacturer shall not offer for sale or sell a motor vehicle, trailer or semitrailer until the dealer or manufacturer has obtained a certificate of title to the motor vehicle”. 10-30-2017 08:14 AM 10-30-2017 08:14 AM

Do car dealerships take your license when buying a car?

Yes, a wise dealership needs to determine that you have a valid driver’s license before allowing you to take a car out for a test spin, but they don’t need to take it from you and hold it as some sort of deposit. It should be enough for them to know your identity and your address.

What should you not buy when buying a used car?

Don’t buy unnecessary extras. Offering items like corrosion protection, paint sealant, fabric protection, and window etching of the vehicle ID number are common ways to get you to pay extra. You usually don’t need these services or can get them for less money later. Don’t purchase an extended warranty on a car with a good reliability record.