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stoutz429's avatar
stoutz429
Explorer
Jul 18, 2013

Unhappy with deal. Want to cancel Purchase Agreement.

We have been negotiating the purchase of a used class A motorhome over the last few days. The negotiation has progressed to the point where we have signed a Purchase Agreement and placed a down payme...
Seeking Advice
pugslyyy's avatar
pugslyyy
Explorer
Jul 18, 2013
IANAL

I don't think PA has any kind of a 'cooling off period'. However, if the dealer said they were going to get you 6% and came up with 15% then the deal doesn't seem to match the representations that they made to you and you could cancel on that basis and get your deposit back.

Have you talked with the dealer about this? What did they say? Will the dealer have a counter-argument (for instance, was the 15% rate due to less-than-perfect credit on your part?)

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