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Old 09-09-2014, 07:19 PM   #1
TONYpepperon1
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Canceling Extended Warranty

So like the title says, has anyone had any experience with canceling the extended warranty? I decided to get it at the time becuase I was offered a good deal but since then ive decoded to take the car into the realm of FI. How does one go about doing it? Will I recover much money back? Is it even worth it at this point ( 1 year 3 months, 23k miles)?
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Old 09-09-2014, 08:35 PM   #2
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Originally Posted by TONYpepperon1 View Post
So like the title says, has anyone had any experience with canceling the extended warranty? I decided to get it at the time becuase I was offered a good deal but since then ive decoded to take the car into the realm of FI. How does one go about doing it? Will I recover much money back? Is it even worth it at this point ( 1 year 3 months, 23k miles)?
You will get a pro-rated version of the warranty back. If 4 years is left on a 5 year extended warranty, you will get 80% of the funds back.

And if you are financing the car, you will get it as principal reduction, not a cash refund.

-alex
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Old 09-11-2014, 03:59 AM   #3
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Good to know
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