What If I Change My Mind After Buying A Car?

Added August 22, 2005 by ThinkGlink.com Staff

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Summary: Concerned you may make a bad decision when buying a new car? You're not alone.

Q. What if I change my mind after I buy the car?

A. Remember, there is no "cooling-off" period for automobile purchases. Once you sign an agreement, you are legally bound, so make sure you read any contract carefully before signing it.

Before you buy, you should take a few steps to make sure you get the best deal:

Test-drive more than one vehicle. Inspect any car you are interested in using the Buyer's Inspection List, which can be found on the Buyer's Guide. If you find a car that looks right for you, ask to have it inspected by an independent mechanic. Negotiate. Make an offer that is lower than the amount you are willing to pay, so you have room to bargain. Get all verbal promises in writing.

Return to Frequently Asked Questions about Buying Cars

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