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  • Form 5 Second Hand Vehicle Dealers Act 1995

Get Form 5 Second Hand Vehicle Dealers Act 1995

Form 5?SECOND-HAND VEHICLE DEALERS ACT 1995 PARTICULARS TO BE INCLUDED IN A CONTRACT FOR THE SALE OF A SECOND-HAND VEHICLE BY A DEALER Name in which dealer is licensed:.

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Yes, if you change your mind and no longer want to continue with your car finance agreement, you have 14 days to reject it. This time is also known as the cooling off period. Your 14 days start on either the day that you sign your agreement or the day that you received a signed copy it, whichever happened later.

Second-hand vehicle dealers must have a licence if you buy, sell or offer for sale four or more vehicles in 12 months. Unlicensed dealers can be prosecuted and penalties include fines and imprisonment.

You don't have an automatic right to get your money back if you just change your mind about something you've bought and there's nothing wrong with it. It's the same no matter how expensive the item was - it's really down to the seller whether they offer you anything.

Is there a cooling-off period when buying a used car from a dealer in the UK? Yes, but there are certain rules that apply. If you buy a car without seeing it in person - online, for instance - then you have a 14-day cooling-off period during which time you can return it to the dealer with a full refund.

A cooling off period, when buying a car on finance, is the 14 days that's given to you in ance with the Consumer Credit Act 1974, where you can withdraw from the car finance agreement without facing any penalties.

Your legal rights are the same as if you were buying from them in person (see 'Problems with used cars bought privately' above). If the seller is a dealer, you'll be protected by the Sale of Goods Act if you find the car isn't of satisfactory quality, fit for purpose or as described.

Used Car Buyers Consumers who purchase a used car for less than $40,000 must be offered a two-day contract cancellation option agreement. There is no “cooling off” period unless you purchase a contract cancellation option agreement.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232