Can a dealer rescind a contact AFTER the 10 period in CA?

I bought a new car over a month ago now. I was looking for a used car, but was lured into buying a new car, because they could meet the terms I wanted...

No Money Down

And the payment I wanted.

We signed the contract, and left with the car. A week or so later they want to sweeten the deal, I have to buy some add ons (a car alarm), they lower the interest rate and the payment. At that time they told me the bank approved me for the new rate etc.

THEN 15 days AFTER the second contact was signed they claim that the bank is going to require a down payment, and that I need to come back in to re-sign. I told them NO DEAL, I had a contact, it was past the 10 rescission rights period, and my contact is valid.

The next day they send a rescission of contact letter. I call the dealership, and tell them that is it invalid, read the contact, know the law. They apologized, and say they will %26quot;take care of it%26quot;.

Now I got a call from the bank, they say they need 1400 down. can they do that?!

Can a dealer rescind a contact AFTER the 10 period in CA?loans uk

Yep they can rescind it.

Can a dealer rescind a contact AFTER the 10 period in CA? loanactually, they CAN%26#039;T after 10 days. The dealership had to pay $2,000 cash down to the bank, so now I got my 18K car for 14K (not bad). This was a huge ordeal, but in the end, the dealership apologized and had to PAY. Consumers, fight back! read the law. Report It