Buying a Car As Is With No Warranty
What does it mean to buy a car as is (With No Warranty)
Can I Return A Used Car Within 30 Days?
The Exception To The Rule:
Is There A “Cooling Off” Period when buying a car?
The (Legal) term Cooling Off refers to a specific type of consumer protection law that the Federal Govt and many States have that applies to common high-pressure buying situations. Although these laws differ from state to state, they all seem to exempt car dealerships. If you are curious as to why state laws exempt car dealerships from being considered high pressure buying situations, you are not alone.
However, it’s not as simple as it sounds.
A vehicle being returned can cause a significant financial loss for a dealership along with a major paperwork headache. For example, all of the registration with the DMV would have to be undone, and as anyone with DMV experience knows, that isn’t exactly the smoothest running govt agency in existence. A bigger question might be- What has happened to the vehicle during the return period? Dirty enough to require a detail? More than likely! How about scratches? Dents? If you let people return cars it could get ugly, FAST!
Free Printable As Is No Warranty Form [Buyers Guide]
To your left, I have included a printable version of the most common “As Is” No Warranty Form (AKA Buyers Guide) form as provided by to you by the FTC (Federal Trade Commission). If you are simply researching there is no need to print out a No Warranty Form, but do click on the image to get an idea of what the form contains as this is generally what you are going to see when purchasing a used car (Other than Certified Used Cars)
Why Buy A Used Car With No Warranty ?
Cheaper! Accepting all of the responsibility for the quality of a used car is one of the easiest ways to get a discount, but it can also be a tool for car owners who simply prefer to avoid the dealership. Think about how you go to get an oil change and they bug you about air filters and wiper blades….
For A More In Depth Look At Car Warranties
If you have more questions about car warranties head over to our post: Bumper To Bumper (A 2018 Guide To Car Warranties). We cover manufacturer warranties, dealer warranties, extended warranties, and get into what surrounds buying them when you purchase your next vehicle. A definite must-read for anyone buying from a dealership!