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About Ray Paulsen
Expertise
confused buying new or used...buy with confidence from dealer or private...consumer fears...paying to much...getting a lemon...accident car...fair value for trade...negotiation process...etc...you simply want a fair deal...

Experience
over 30 years in automotive industry, management, retail, wholesale, appraisals, auctions, vintage

 
   

You are here:  Experts > Autos > Tips on Buying Cars > Tips on Buying Cars > Your response re: cooling off period.

Tips on Buying Cars - Your response re: cooling off period.


Expert: Ray Paulsen - 11/16/2008

Question
I read your response to this guy Robert, and you told him that he was entitled to get his deposit back should he change his mind about buying a vehicle after having signed the bill of sale.  I went to the OMVIC site which you referred to in your response and it said: "Ontario law does not provide a “cooling off” period if you change your mind.".  Now I am confused.  Is there or is there not a cooling off period when purchasing a new car if you have signed the bill of sale.

Answer
Hi Gordon

As a rule there is no cooling off period, but for me to have told someone they were intitled to get deposit returned there must have been a reason.

Could you please refer to me the date or where I made that statement ? or send me a copy/paste. also please include your zip or postal code, so I will know what area I am dealing with.

Have a great day

Ray  http://www.usedcartips.org/  

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