Many dealers offer a money-back guarantee on used car sales, or allow buyers to return the car with no questions asked within three days or less. However, unless the dealer specifically extends this privilege, purchasers have no right under Illinois law to return the car for a full refund.

How many days do I have to return a new car in Illinois?

Illinois law provides citizens with the right to cancel certain consumer transactions within three business days. However, many people mistakenly believe that you have a three-day right to cancel all transactions.

Can I return a new vehicle after purchase?

Stop shopping after you sign a purchase contract. When you buy a vehicle, there is no “cooling off” period. Even if you “find a better deal,” or “change your mind” a dealer can enforce the contract. The only way you can cancel the contract is if the seller has a policy that says you may.

Is there a lemon law for used cars in Illinois?

In Illinois, used cars do not qualify for lemon law relief. Illinois law also doesn’t cover modified vehicles. A car must be 12 months old or newer, or under 12,000 miles, to qualify for lemon law relief in Illinois.

Can I cancel a new car purchase agreement?

Option to Cancel 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 I return a new car if I change my mind?

Returning a car isn’t like returning a sweater or pair of pants. In general, you can’t just take it back to the dealership if you change your mind after you drive it off the lot.

Will I lose my deposit if I cancel my new car?

Generally, there is no cooling-off period when you buy a car from a dealership. If you visit the dealer and buy a car that you have seen at the dealership, even if the actual sale takes place off-premises, then you have bought that car and there is no legal basis to cancel your order and get your deposit back.