What happens if you trade in a car and it breaks down?

What happens if you trade in a car and it breaks down?

When you trade in your car to a dealership, its value is subtracted from the price of the new car. When you trade in a car with a loan, the dealer takes over the loan and pays it off.

How long after you buy a car can you return it?

If you purchase the option, you have the right to cancel the sale within two days for any reason. If you decide to return the used car, you must return it to the dealer within two business days by closing time (unless the contract gives you more time).

Can a car dealership return my trade in if they find something wrong with it after the sale?

In California, if you recently purchased a vehicle with dealer financing, the dealer is allowed to cancel the contract within 10 days of the contract being signed. Oftentimes, when the dealer cancels the contract it will say that the trade-in vehicle is already sold so it cannot be given back.

What do car dealers do with old trade ins?

When you trade in your car, the dealership has a couple of choices. It can either pay to re-condition your car and put it up for sale on its own lot, or it can put it up for auction, where it will be bought by another dealership.

Does Chevrolet have a return policy?

Return Policy: Chevrolet Accessories purchased online and shipped directly to a customer or picked-up at a participating dealership may be returned for a complete refund, including shipping, within 30 days of customer receipt.

What to do if a private seller sells you a bad car?

You can report them to Commerce Commission. See Solving problems with your car dealer. If you have a problem with your vehicle because the seller misled you, you may be able to cancel the contract and get compensation under the Contract and Commercial Law Act.

What do car dealers check on trade ins?

They will check the current market value on your vehicle. After the used car manager has test drove your trade he’ll check the current used car market in the local area, and see what your specific car is bringing on the wholesale market.