Buyer's Remorse (Car Buying Tips)

Sometimes, not long after you’ve taken delivery of your car, buyer’s remorse may set in. You realize that you set out for a $300 payment, but you stretched it out to $380 and the extra $80 each month will take its toll on your budget. You also realize that your insurance will go up at least another $100 per month and you honestly have no idea how you will pay for it. Also, you realize that you now have $1,000 less in the bank from your down payment. You wonder if you could have bought the vehicle at a better price. Then you wonder if you should have visited a few more dealers before you bought anything at all and what kind of deal you could have gotten if you had negotiated harder.

None of this would have happened if you had followed my advice in The Car Buying Bible, but suppose it did happen?

Some states allow car buyers to return the vehicle for a refund if they regret making the purchase. The return must usually be made within 3 days after the purchase, but since state laws can vary, you would need to investigate the laws within your state and return the vehicle as quickly as possible. It’s possible that your state does not have this protection, so you would need to investigate before you visit the dealership. You can begin your investigation by contacting your state’s Attorney General’s Office. Some states have a Consumer Affairs Department within the Attorney General’s Office that could provide assistance.

For more car buying tips, visit The Car Buying Bible (www.carbuyingbible.com). This 162-page car buying guide has a powerful plan that will save you thousands on your next car. It also has the most powerful car loan calculator you will ever find.