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In NSW only
If you use car loans, you can get the refund. However, if you use cash, there is no cooling period
A one-day, waivable cooling off period applies to purchases of new and used cars when it’s financed by a linked credit arrangement. Linked credit is when finance is provided by or facilitated by the motor dealer selling the vehicle.
The cooling off period begins when the contract is signed (entered into) and ends at 5pm on the next day where the dealer is open to the public. However, if the dealer closes for business before 5pm on that day, the cooling off period ends at the close of business on the next day the dealer is open for business.
Example 1: a dealer is open for business 9am to 6pm Monday to Saturday and 11am to 3pm on Sunday. If a contract to purchase was signed on Friday the cooling off period would end at 5pm on Saturday.
Example 2: a dealer is open for business 10am to 7pm Monday to Friday, 10am to 3pm on Saturday and closed Sunday. If a contract to purchase was signed on Friday the cooling off period would end at 7pm on Monday.
https://www.fairtrading.nsw.gov. ... nance-and-contracts |
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