cjbrown929
Member
16 CFR Part 429. (analysis review by the FTC)Some types of sales cannot be canceled even if they do occur in locations normally covered by the Rule. The Cooling-Off Rule does not cover sales that:
are under $25;
are for goods or services not primarily intended for personal, family or household purposes. (The Rule applies to courses of instruction or training.);
are made entirely by mail or telephone;
are the result of prior negotiations at the seller's permanent business location where the goods are sold regularly;
are needed to meet an emergency.
Also exempt from the Cooling-Off Rule are sales that involve:
real estate, insurance, or securities;
automobiles, vans, trucks, or other motor vehicles sold at temporary locations, provided the seller has at least one permanent place of business;
arts or crafts sold at fairs or locations such as shopping malls, civic centers, and schools.
Now, did someone have a question?[/QUOTE]
Let's take this one first. "...automobiles, vans, trucks, or other motor vehicles SOLD AT TEMPORARY LOCATIONS..."
The reference is to dealers who occasionally hold "parking lot" type sales (we used to hold them at the local Walmart). We were required to obtain temporary sales permits at such events.
I have no idea if the op's purchase was conducted away from the dealers main place of business, but if it was, and unless the dealer obtained a temporary sales permit for wherever it WAS conducted (like the buyer's HOME), the 72 hour rule could apply. Sorry about all the could'ves, if's, etc, but I think we scared off the op, so we can't get any more info.
BB would you mind sharing with the forum whether you are a licensed, practicing attorney anywhere in the US, or is that a secret? Or did you obtain an honorary law degree for having watched every Matlock rerun 3 times? You definitely remind me of Don Knotts (you know, Barney Fife)
are under $25;
are for goods or services not primarily intended for personal, family or household purposes. (The Rule applies to courses of instruction or training.);
are made entirely by mail or telephone;
are the result of prior negotiations at the seller's permanent business location where the goods are sold regularly;
are needed to meet an emergency.
Also exempt from the Cooling-Off Rule are sales that involve:
real estate, insurance, or securities;
automobiles, vans, trucks, or other motor vehicles sold at temporary locations, provided the seller has at least one permanent place of business;
arts or crafts sold at fairs or locations such as shopping malls, civic centers, and schools.
Now, did someone have a question?[/QUOTE]
Let's take this one first. "...automobiles, vans, trucks, or other motor vehicles SOLD AT TEMPORARY LOCATIONS..."
The reference is to dealers who occasionally hold "parking lot" type sales (we used to hold them at the local Walmart). We were required to obtain temporary sales permits at such events.
I have no idea if the op's purchase was conducted away from the dealers main place of business, but if it was, and unless the dealer obtained a temporary sales permit for wherever it WAS conducted (like the buyer's HOME), the 72 hour rule could apply. Sorry about all the could'ves, if's, etc, but I think we scared off the op, so we can't get any more info.
BB would you mind sharing with the forum whether you are a licensed, practicing attorney anywhere in the US, or is that a secret? Or did you obtain an honorary law degree for having watched every Matlock rerun 3 times? You definitely remind me of Don Knotts (you know, Barney Fife)
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