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Generally, as-is is just that. If you were given an opportunity to look at the car and inspect or have a third party inspect on your behalf, then you're likely stuck with what you've got. However, if there's fraud or intentional misrepresentation then perhaps you may have something to pursue. Unfortunately, the car's value (and the associated misrepresentation) would have to be pretty substantial in order offset the cost of legal resolution. Without a solid papertrail, it becomes a battle of crediblity. If you think you've got something solid, perhaps try small claims court. Check with your local law schools as they often have clinics that assist with small claims issues.
Good luck,
T.
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'73 Targa
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