How to Return a Car After Purchase

Many factors may cause a car buyer to return a newly purchased car, such as mechanical issues or falling behind on payments. Many car dealers have a "money-back guarantee" that allows the car to be returned after a three-day period if the buyer is dissatisfied. Many states also have "Lemon Laws" that protect consumers if a dealer fails to repair mechanical problems on a newly purchased car. Before returning the car, all options that are best for the consumer should be explored and the pros and cons must be considered.

Instructions

1

Inquire about the dealer's return policy. Don't accept a spoken agreement between you and the seller that you may return the car. Get a statement in writing or a clause added to the contract that states you may return the car if you are dissatisfied.

2

Contact your lender or another financial adviser to seek consultation in deciding the best option for your financial situation. If you are behind in your payments, inquire about a repayment plan that may help you become current on the loan. The lender may even work out a more-affordable payment plan.

3

Have the car voluntarily repossessed. Using this option means that you voluntarily return the car to the finance company if you are too far behind on your payments and can't recover. If you decide to return the car, the finance company may pick up the vehicle or it may require that you return the car to its location.

4

If mechanical problems arise, return the car to the dealer for repair. Keep all receipts and work orders of repair. If the dealer fails to repair the problem, contact a lawyer familiar with the lemon laws in your state. Many lawyers offer a free consultation. Most states consider the vehicle a lemon if it has been to the repair shop three or more times and all attempts to repair have failed.