February 8, 1999
THREE-DAY RIGHT OF RECISION
By: Dan Duffy, Principal Analyst
You asked if state law gives consumers three days in which to cancel a motor vehicle purchase or lease contract with a licensed dealer.
State law establishes a three-day right of recision for many types of consumer contracts, but it does not establish such a right for auto sales.
The following laws include three-day rights of recision: Home Solicitation Sales Act (CGS §42-135a), Home Improvement Act (CGS §20-429), buying club agreements (CGS §42-310), dating services agreements (CGS §42-321), diet program agreements (CGS §42-282), home food service plans (CGS §21a-401), health club membership agreements (CGS § 21a-217), and time share purchase agreements (CGS §42-103y).