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Such kind of state law does not exist.  The Illinois buyers' remorse laws allow citizens to revoke specific consumer transactions within 72 business hours. However the three-day cancellation does not apply to any contract, and certainly not to the auto-contract. The right is only conferred on certain purchases like club memberships, health club memberships, door-to-door sales, hearing aids, home repairs etc.

Under the Illinois Consumer Fraud and Deceptive Business Practices Act,  citizens have  a 3 day right to rescind door-to-door sales when the total transaction is for $25 or more and the seller sells you a product in your home to purchase, lease or rent merchandise. The seller must inform you verbally and in writing about your right to cancel the contract in the specified period.

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