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https://www.ok.gov/usedcarcommission/faqs.html
If a dealer makes a sale, contingent upon the purchaser obtaining financing for the purchase, the dealer must complete the sale within fifteen (15) days of the delivery of the vehicle. If the deal is not completed within that time frame the purchaser may elect to rescind the purchase, and the dealer may be subject to a One Hundred Dollar ($100 ...
https://www.ftc.gov/sites/default/files/documents/public_comments/public-roundtables-protecting-consumers-sale-and-leasing-motor-vehicles-project-no.p104811-00043%C2%A0/00043-80228.pdf
Among the papers signed are a buyer's order, a yo-yo form, and a RISC which may contain a”Seller's Right to Cancel” or a “Limited Right to Cancel.” Regardless of the euphemism, such forms and provisions are flatly illegal; contrary to TILA, the FCRA, the ECOA, UDAP and in many cases result in actual theft. Material language in a “Seller 'File Size: 105KB
https://www.edmunds.com/car-loan/dont-fall-prey-to-spot-delivery-scams-and-yo-yo-financing.html
Spot-delivery abuses show how vulnerable subprime buyers can be to dealership scams. But another truth is that a new car might be out of reach until a shopper's credit score improves.
https://www.autocheatsheet.com/car-dealer-scams/spot-delivery-car-dealer-scam.html
How a Spot Delivery can actually work in your favor On the rare occasion a spot delivery may work in your favor, you may actually be called in to sign for a lower APR. If this happens to you, remember if you signed at 9% and your car payment is $375/mo and your …
https://www.ok.gov/omvc/consumer.htm
Many consumers believe the law allows them 3 days in which they can change their mind and cancel the contract. They are wrong. When you sign a contract at the dealership, it is a valid contract, and usually only subject to financing approval. ... Oklahoma Motor Vehicle Commission 4334 NW Expressway Suite 183 Oklahoma City, OK 73116-1515
https://www.autofraudlegalcenter.com/10-day-rule-when-can-sellers-cancel-car-dealership-financed-contract/
If you buy a car that is financed through the dealership, the dealer CAN cancel the contract, but only if it notifies you within 10 days of the date on the purchase contract. This type of financing is sometimes called a "spot delivery." It is based on the language of the purchase contract. Look at your purchase contract. That's the long yellow document that says "RETAIL INSTALLMENT SALES ...
https://pocketsense.com/how-to-cancel-a-deal-after-signing-all-the-papers-at-a-dealer-12582144.html
Nov 27, 2018 · While some dealerships gives you a 72-hour cooling off period after signing the papers, most do not. You may be able to cancel the deal if the car violates your state's lemon laws or it's a different make and model to the one you were promised. Otherwise, you may have to keep the car.
https://www.thebalance.com/how-to-cancel-a-purchase-contract-1798845
Jan 14, 2020 · Federal Law Gives Buyers 10 Days to Inspect for Lead Paint. Ask your real estate agent or lawyer if you want to or need to cancel during this time period. Ask how you do it and which form to sign. You can waive this right in writing but few buyers would be prudent to consider doing so. Many homes built after 1978 do not contain lead-based paint
https://www.realtor.com/advice/buy/can-cancel-real-estate-contract/
Apr 14, 2014 · For example, if the signed real estate contract said you would purchase the property for $250,000, then a court could order you to pay that amount to the seller.
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