I have heard if I bought the warrenty on my car, if I cancel it I will have that money taken off the loan. Is this true???
2007-08-08 07:56:10 · 2 answers · asked by Anonymous in Cars & Transportation ➔ Maintenance & Repairs
Most extended warranty service contracts come with a cancellation clause and a pro-rated scale of any refundable amount, usually based on time and whether any claims have been filed. The refunded amount will not come off the loan, rather you will be reimbursed through the dealer or directly through the contract vendor. Speak to the F & I manager at the dealer where you purchased you car and contract.
Hope this helps.
2007-08-08 09:12:01 · answer #1 · answered by Anonymous · 2⤊ 0⤋
Depends. Some warranty companies offer a refund policy and some don't. You need to read your contract and contact the company that sold it, they will be able to give you all the details.
2007-08-08 15:10:55 · answer #2 · answered by bikertrash 6 · 1⤊ 0⤋