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Not All Repairs are Covered: Just like with the initial warranty, not everything is covered with the extended warranty. Routine wear and tear, including tires, aren't a part of the deal so check carefully to see what is and isn't covered.

Refusing to Cancel Warranties Is Common It is quite common for car dealerships to refuse to cancel extended warranties because they do not want to lose the profit they make from selling these products to unsuspecting customers.

Every extended warranty product has a 'flat cancel' period detailed in the contract. If you opt to cancel the extended warranty within the flat cancellation period, you will get a FULL refund. Typically, the extended warranty flat cancellation period is 30 to 60 days after the date of purchase.

Third-party warranty companies combine the vehicle and address information with other publicly available mailing lists to discover names and phone numbers of people whose cars may be reaching the end of their factory warranty periods.

How to get your money back. You can cancel an extended warranty at any time and you'll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won't drop, but you may pay off the car sooner after the refund is deducted from your balance.

Well, not necessarily. Extended warranties are expensive. ... Extended warranty coverage may not be applicable in all situations. ... Your purchase likely comes with a manufacturer's warranty. ... Your credit card may protect you. ... The retailer may take the item back.

Canceling your Honda warranty is a simple process. You can contact or visit the Honda dealership where you purchased the Honda Care extended warranty or contact Honda directly to let them know your intent to cancel. Sometimes, they'll ask you to fill out a form, which you may need to do in person.