Cancelling an extended auto warranty can be a daunting task, but it doesn't have to be. To make the process easier, we've put together a comprehensive guide to help you cancel your extended auto warranty. First, you'll need to fill out a form that includes the mileage and the date of cancellation. You'll then need to get a signed copy of the form from the dealer.
The most direct way to cancel the extended warranty is to contact the dealer's accounting department. This is usually the fastest way to complete the cancellation process. Make sure to take note of the name and phone number of the associate who assisted you.If you recently purchased the extended warranty and don't yet have the contract, call the financial manager who sold it to you. You'll need to write a short letter with cancellation instructions.
It's also important to consider whether or not an extended warranty from a third-party dealer is worth it. Extended warranties offer vehicles more variety and longer coverage, but they can also cause headaches if your car breaks down in another region and there are no approved facilities in the area.An extended warranty may be beneficial for some people, especially if you bought a car that needs repairs often. Purchasing an extended warranty from a company that isn't backed by the car manufacturer can be risky, so it's important to weigh your options carefully. If you're looking to save money, it might be worth considering paying off your car loan early, since this will reduce the principal of the loan.Unhaggle is Canada's leading car pricing resource that helps thousands of consumers find great deals on new cars.
If you've already read through the fine print and recognize that you CAN cancel the extended warranty, then you'll need to refer to your purchase order for information that the dealer needs to process your cancellation. If you choose to cancel within the fixed cancellation period, you will receive a FULL refund.Extended warranties, often referred to as “vehicle service contracts,” are sold by finance and insurance managers when creating sales contracts.Cancelling an extended auto warranty can be a complicated process, but it doesn't have to be. With this guide, you'll have all of the information you need to make an informed decision about whether or not an extended warranty is right for you. You'll also know how to properly cancel your extended auto warranty if you decide it's not worth it.
