Is there a 3 day right of rescission for auto purchases?
Get Legal Help Today
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Is there a 3 day right of rescission for auto purchases?
My daughter bought a truck in AK; she lives there and is in the military. I think she was ripped off is there any recourse?
Asked on July 18, 2011 under General Practice, Alaska
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
No, unfortunately, there is no three-day right of rescission for auto purchases in AK. (It actually applies to very few transactions; the main one is signing a mortgage for a home.)
If your daughter believes that she was ripped off because either (1) actual misrepresentations (lies) were made to her (such as misrepresenting the mileage; that the car had never been in an accident when it had been; etc.) or (2) that critical information was omitted which should have been disclosed and which a reasonable person would believe should be disclosed (e.g. that when the mileage says 11,000, that's 111,000, not really 11,000), then she might have a cause of action. If it's merely that she made a bad deal, then she would not have recourse.
IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.