If it's from a dealer, then things may be in your favour.
Whatever you signed does not affect your statutory rights as a consumer buying from a motor dealer.
Forget the lack of a warranty, it is the new Concumer Rights Act which is your friend in this case.
The car is not fit for purpose (although you are somewhat vague as to the actual problem) so you have the right to reject it within 30 days. You also have the right to have the supplying dealer repair the fault, but I would suggest rejection in the first instance.
If the dealer refuses, then the small claims court route would be the way to go.
Make a note of all future conversations/phone calls/emails with the dealer from now on, in case it comes to a court case.
Good luck and please come back with updates on your progress.
Finally, don't go signing anything you're not sure about. The ideal time to back out would have been before payment.
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