Can I back out of a car loan if I haven't signed anything?

Can I take the car back if I haven't signed a contract? The car dealer allowed me to drive the car home. While I'm sitting in my house with the car in the driveway, I suddenly got buyer's remorse.

Answer provided by
Eric Schad
Answered on Jul 01, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
“You can definitely back out of a new car loan if you haven’t signed any papers.
Without signing any papers, nothing is legal yet, so the dealer would have no legal recourse if you returned the vehicle and backed out.”

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