if you buy a sued motorcycle from a dealership and have a change of heart can you return to bike. Signed yesterday and regretting it today. Bike has not been picked up yet. Thank you.

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if you buy a sued motorcycle from a dealership and have a change of heart can you return to bike. Signed yesterday and regretting it today. Bike has not been picked up yet. Thank you.

I signed for a used motorcycle yesterday but have not picked it up. I regret buying it now and I was told I have 72 hour window to reject the sale. Is this true. The dealer says no.

Asked on March 27, 2018 under Business Law, New York

Answers:

SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 6 years ago | Contributor

No, there is no 72-hour "cooling off" or rescission period for buying motorcycles (or, for that matter, the vast majority of products or services). Instead, the sale is final once you agreed to it (e.g. signed any contract or agreement). The fact that you did not pick it up is irrelevant: the obligation is not dependent on what you physically do with bike you bought.


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