Can a buyer terminate a dealer contract? The answer is sometimes, but there`s more to it than that. The more you understand about car purchase agreements, the more you can trust the dealership. Buying a new car can be an exciting time. Going to a dealership to test a new vehicle for you or your family can be exciting and it can lead to an omission in judgment. So, what if you sign a sales contract for the car, but realize that the next day it may not be the best solution for you? www.theconsumerlawgroup.com/faqs/cancelling-a-new-car-purchase-agreement-with-a-dealership.cfm The buyer contacts the reseller, but does not get an answer. In the meantime, the distributor will most likely sell the induction at an auction. A few weeks later, the buyer is informed that the agreement has been cancelled because the buyer did not qualify for the initial conditions. However, this simply means that the financing contract is terminated. . . .