Move Payment Warranty For Free

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.

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.

With an independent warranty company, you can purchase coverage at any time. That's not true of a dealership warranty, which must be purchased before your factory coverage expires.

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.

If you are looking to trade-in or sell the car you currently own before the extended warranty has expired, then don't worry you are able to get a pro-rated refund for the amount of that unused warranty if you have purchased a refundable warranty.

In most cases, to transfer a car warranty to a new owner, the current owner of the vehicle will contact the warranty company or dealership to initiate the transfer process or send a letter to let the warranty provider know about the sale of the car. This usually has to be done within 30 days.

Some disreputable dealers may even bank on you not reading everything in your contract and can tack on unexpected costs or policies which may hurt you in the long run. For example, a sleazy dealer might sell you warranties you didn't ask for. Or, if you did buy one, they may refuse to cancel it.