What do you mean I have to return the car? Dealership cancellation scam.

Can a car dealership simply cancel your purchase contract whenever it wants? The answer: NO! As the old-saying goes — “A deal’s a deal.” Car dealerships can’t just cancel the deal! In California, most contracts include a limited, 10-day cancellation right for the dealership if the dealership can’t find acceptable financing terms for you. Although these clauses are themselves unconscionably abusive and vague, they give no more than 10 days to the dealership to notify you of the cancellation. So, Consumers, keep good records about their contacts. If the cancellation notice came after the 10-days, then the dealership has to “play bank” on the purchase. Too bad for them, if they don’t like the contracts they wrote themselves. They can’t force you to return the car, and can’t force you to sign new contracts on worse terms! Attempting to do so is part of a tried-and-true scam, sometimes called a “Yo-Yo.” The Consumer’s Friend has seen an increase in the numbers of such dealership Yo-Yo’s recently. Don’t get dragged back in without knowing your rights. Get all your contracts together (and OUT of the car — in case it gets repoed) and contact a consumer lawyer straight away.