I made a mistake. What can I do?

8 years ago

I bought a new car that is perfectly fine for around town driving, but it's not good out on the road which is where I do most of my driving. What can I do without going broke?

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Comments (2)

bossyvossy
8 years ago
last modified: 8 years ago
call your seller and see if he'll work with you. If there is a chance that you will buy the other car from him, he might be accommodating. I don't know that you have to go broke, but it will cost you. Look here. scroll down to last paragraph.http://www.bankrate.com/finance/auto/car-buyers-remorse-options.aspx
eclair thanked bossyvossy
jemdandy
8 years ago
If you have not taken possession of the vehicle, you may have a small amount of time to cancel the contract. State laws vary greatly. In my state, there is a 3 day period after signing a sales contract in which it can be canceled, but this is before you take possession of the car.

You bought a new car, but as soon as you drove it off the dealer's lot, it became a "used" car. If the dealer agrees to take it back, it is still a used car. Do not expect to recover the full price. The dealer will have to sell it as used and be out the expense and effort of selling it. I presume that you have driven it a few miles and made the discovery that it was not to your liking at highway speeds. I am surprised this was not discovered before the sale. Surely, you had a chance to drive a demonstrator before you signed. Maybe you did drive a demonstrator that had a high power engine and what you ordered did not. This a case of the buyer needs be aware of the specifications of each car.

Whatever the case, you are now disappointed. Go talk to the dealer to see what kind of deal you can work out for a different vehicle. To stay within you budget, you may need to settle for a late model used car.

At this stage, I suspect your lowest cost option would be to keep the car. By the way, you did not mention anything about what make and model of auto we are discussing, nor what your driving needs were. For example, do you drive in the mountains and regularly go above 2000 ft altitude? For this service small engines need a turbocharger or supercharger. At 10,000 ft altitude, naturally aspirated engines will be down to about 50% power.
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I made a mistake. What can I do?

Comments (2)

bossyvossy

jemdandy

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