Robert
Irvine,#2Consumer Comment
Wed, April 02, 2008
"On sunday my husband took a good look at the vehicle and decide it is too expensive , the mileage is way too high plus we cannot afford the monthly payment" The time to think about if the mileage is too high is BEFORE you sign ANYTHING. The time to find out if you Can't afford it is BEFORE you sign ANYTHING. "I didn't know among the paper work that I was signing that day was a binding contract. I was only told to sign a couple of papers and the lady only talked about TAGS AND WARRANTY. Had I know that it was a contract I would never have signed." You must always READ and UNDERSTAND what you signed. If you had read it before you signed it you would have noticed it was a contract. Unless this return policy was in writting you own the car, as there is no "Cooling Off Period". I noticed you were in MD and the link below from the MD Attorney General that goes into things you need to do for future sales. http://www.oag.state.md.us/consumer/edge85.htm Also, they are correct about turning in the car. If you return the car that is considered a voluntary reposession. As such it goes on your credit as a Repo and you are still responsible for the balance of the loan after they auction off the vehicle. It may not seem fair but is totally legal and is handled the same way everywhere.