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*Due to rules of your state bar or mine, nothing herein is intended as legal advice, only intended as general information to better help yourself.*
Unfortunately there is not an automatic right of rescission on vehicle purchases. Therefore, absent language to the contrary in the contract or deposit statement, you would not have a right to rescind nor renegotiate the contract. This is true even if you had not taken possession of the vehicle.That said, there are a myriad of reasons to justify rescinding a contract to purchase or lease a new or used automobile. Basically, the law allows an automobile purchase to be rescinded if it is based upon fraud, mistake, or significant non-disclosure or concealment. An undisclosed rebuilt title would typically fall into this category and you may file an action to rescind the purchase
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