There is no buyer’s remorse, cooling-off, or right-to-rescind law that requires the seller of a new or used car to cancel the sale or accept the return of the car. When you sign the contract for the purchase or lease of the car, you are legally obligated to the purchase or lease. Because of the finality of the lease or purchase agreement, it is important to carefully read and understand the agreement before you sign it—and to determine whether buying or leasing the car is a good financial decision for you. Some state laws require car dealers to offer extra protections for buyers of used cars—such as a contract cancellation option agreement that the buyer may purchase for an additional fee, and that will allow the buyer to return the car and cancel the contract within a short period of time (2 days).

In Georgia, there is no statutory 'buyer's remorse' or cooling-off period that allows a consumer to cancel a car purchase or lease once the contract has been signed. This means that once you sign a contract to buy or lease a vehicle, you are legally bound to the terms of that agreement. It is crucial to thoroughly review and understand the contract before signing it. While some states may have laws that require dealers to offer a contract cancellation option for an additional fee, allowing the buyer to return the car within a specified short period, Georgia does not mandate such protections for car purchases. Therefore, it is important for buyers in Georgia to be certain of their decision before finalizing a car purchase or lease.