Yes. Only after the bank has funded the deal can you no longer change your mind. The car is not legally yours if you haven't taken "delivery" of it.
You may be aware of the federal right of withdrawal that applies to some purchases. There is such a regulation, but its primary goal is to protect consumers against pushy door-to-door sales tactics. Vehicles are expressly excluded from its application. In other words, as soon as you signed the sales contract, you officially own the automobile.
The accord can yet be rejected. You must return the car to the dealer to finish the purchase, and they should then return your trade-in and down payment. Regarding how this should take place, each state has its own legislation.
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