Can I cancel a contract within 3 days?

Can I cancel a contract within three days of signing it?

I've heard of a law that allows consumers to bail out of sales -- including cars and houses -- within 72 hours of the sale. What are the specifics?

That is not the law as to all sales. The general answer is no.

I got pressured by a salesman into signing a contract to buy a car. I tried to cancel the deal after getting home, but the dealer refused. Don’t I have the right to cancel within three days? What can I do about the high-pressure salesman?

Originally Posted by Unregistered I got pressured by a salesman into signing a contract to buy a car. I tried to cancel the deal after getting home, but the dealer refused. Don’t I have the right to cancel within three days? What can I do about the high-pressure salesman?

No law gives you the right to cancel a contract to buy a car. But there is such widespread misunderstanding about this that your state, California, requires car dealers to specifically notify car buyers that they do not have the right to cancel the contract.

Originally Posted by Unregistered Can I cancel a contract within three days of signing it? I've heard of a law that allows consumers to bail out of sales -- including cars and houses -- within 72 hours of the sale. What are the specifics?

"Cooling-off rules" allow you to cancel certain types of contracts within three days.

There are several federal laws that allow you to cancel certain contracts within a few days of signing them. These laws are sometimes called "cooling-off rules." They apply to contracts made during door-to-door or trade show sales, contracts for home equity loans, or delayed mail order or Internet purchases. In addition, some states' laws allow you to cancel contracts for health club memberships, dating services, and weight loss programs, among other contracts.

Most states have laws that allow you to cancel written contracts covering the purchase of certain goods or services within a few days of signing. Many states have laws that allow you to cancel contracts for health club memberships, dating services, weight loss programs, dance or martial arts lessons, time share properties, and hearing aids. Call your state consumer protection agency to find out what contracts, if any, are covered in your state.

How is the law in the UK? Can i cancel an agreement within 14 days of signing?

Thank you