GITNUX MARKETDATA REPORT 2024

New Car Return Timeframe Statistics

The average new car return timeframe is typically within the first 30 days of purchase.

Last Updated: June 23, 2024

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In this post, we explore the varied regulations and policies surrounding the return timeframe for new car purchases across different states and countries. From specific laws in California to manufacturer-initiated programs like Hyundai’s 3-day return policy, the landscape of consumer rights in the automotive industry is diverse and complex. Let’s delve into the statistics to understand the different return allowances for new car buyers around the world.

Statistic 1

"Over 15 states in the US have laws that allow customers to return a new car within a certain number of days from the purchase date."

Statistic 2

"In California, dealers are obligated by law to offer a 2-day return policy for used cars, but this does not extend to new vehicles."

Statistic 3

"Texas for instance, has no cooling off period or return allowance for new car purchases."

Statistic 4

"Georgia has no specific law on returning newly purchased vehicles."

Statistic 5

"Some car manufacturers like Hyundai offer a unique 3-day return policy, which would allow a customer to return a new car within this timeframe."

Statistic 6

"General Motors has a program that allows new car buyers to return their vehicles with no questions asked within 60 days of purchase."

Statistic 7

"In the UK, the Consumer Rights Act 2015 only allows a 30-day return window for faulty cars, and this may not apply directly to new cars."

Statistic 8

"According to the Australian Consumer Law, if a new car is faulty, a customer has the right to ask for a repair, replacement, or refund."

Statistic 9

"Though Canada has robust consumer rights legislation, there is no specified return timeframe for new cars."

Statistic 10

"In New Jersey, the law only mandates a return policy for used cars, not new ones."

Statistic 11

"Most U.S. dealerships don't have a specific return policy for new cars."

Statistic 12

"France has no specific law that allows customers to return a new vehicle after purchase."

Statistic 13

"Italy has no specific law that allows customers to return a new vehicle after purchase."

Statistic 14

"In China, customers can ask for a return or exchange within a 7-day period or within 5000 kilometers of usage."

The laws surrounding the return timeframe for new car purchases vary significantly across different states and countries, with some jurisdictions having strict regulations in place while others offer more flexibility for consumers. It is important for car buyers to be aware of the specific laws that apply in their location and to carefully review any return policies offered by manufacturers or dealerships before making a purchase. Ultimately, understanding these regulations can help consumers make informed decisions and navigate potential issues that may arise post-purchase.