Car Purchase Trade Laws

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Summary

Missouris used car laws do not include a cooling off period for returns. You can trade in a vehicle even if you are still making payments. The states Lemon Law covers new vehicles within 18 months of purchase. If financing is denied after a sale, the dealership should offer to cancel the contract. If your car was sold under these circumstances, you may have a legal claim. Consult a local attorney for detailed advice.

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Car purchase and trade in laws
Hello ****, could you please specify the state you are located in? Laws regarding car purchase and trade-ins can vary based on location.
Missouri
Hello ****, in Missouri:
- Used car laws: There's no "cooling off" period to return a used car.
- Trade-in laws: You can trade your vehicle even if you're still making payments on it.
- Lemon Law: Covers new vehicles within 18 months of original purchase.
Please consult with a local attorney for detailed advice.
Finace denied but car lot sold my car
Hello ****, in Missouri, if your financing was denied after the sale, the dealership should have given you the option to cancel the contract. Since they sold your car, you might have a legal claim. Please consult with a local attorney.