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    Cooling off period on used car purchase?

    Is there a cooling off period when you buy a used car?

    Answered by CarsGuide
    9 April 2015
    Carsguide.com.au

    Yes, if you bought it from a licensed dealer, but the cooling-off period is just one business day (three days in Victoria). If you drive the car away during that one-day period, such as driving it home, it is cancelled, except if you take it for a test drive or to a mechanic for an inspection. The dealer is required to give you a cooling-off period form to fill out and sign before he gives you the contract, if he doesn't give the form he must give you a cooling-off period of seven days instead of one day. If you bought it privately you have no such protection.

    Disclaimer: You acknowledge and agree that all answers are provided as a general guide only and should not be relied upon as bespoke advice. Carsguide is not liable for the accuracy of any information provided in the answers.
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