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March 18, 2013

Buying, Selling, or Leasing a Vehicle

Buying a New Car

May I cancel the contract even after I sign it?

If the car you buy is not what the dealer promised, the dealer may have breached its warranty. If so, then you might attempt to cancel the contract because of the breach. Or you might try canceling for no reason. However, you risk losing your deposit. The dealer also might file a lawsuit to recover lost profits, for time spent with you and on your car, and other damages.

>>What information should an automobile ad include?
>>What are “bait and switch” ads?
>>What if the ad omits details?
>>Must a car contract be in writing?
>>Which terms should the contract include?
>>How should I evaluate the contract?
>>May I change a seller's preprinted contract?
>>May I cancel the contract even after I sign it?
>>What happens to my deposit if I cancel the contract?
>>What if I want to add something after I sign the contract?

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