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I am sorry to hear about this situation, Gretchen. There is no right of rescission for a vehicle purchase in Colorado. See HERE for a list of rights for other purchases, however. So it all depends on what you have already signed. If you signed the contract, then you are liable. However, if the contract allows you to walk away and they keep the deposit but cannot enforce the contract, then this is all you'd be liable for. So it all depends on the verbiage of whatever you signed - that contract controls and not state/federal law.
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