Question about refunding unused warranty
#1
Question about refunding unused warranty
I got the extended warranty when I bought my car but now that I've thought about it some more, I regret getting it. They also talked me into getting that paint and interior warranty or whatever. I guess I was too excited about the car and wasn't thinking everything through clearly. Do you guys know if it's possible to get a refund on the unused portion of the warranty (in the case of my extended warranty, it would be the full price)? Will it depend solely on if the dealership is willing?
If they were to refund me, would the amount be a simple division of the cost of the warranty divided by the unused time or will it be something else?
Thanks in advance.
If they were to refund me, would the amount be a simple division of the cost of the warranty divided by the unused time or will it be something else?
Thanks in advance.
#2
Originally Posted by achen
I got the extended warranty when I bought my car but now that I've thought about it some more, I regret getting it. They also talked me into getting that paint and interior warranty or whatever. I guess I was too excited about the car and wasn't thinking everything through clearly. Do you guys know if it's possible to get a refund on the unused portion of the warranty (in the case of my extended warranty, it would be the full price)? Will it depend solely on if the dealership is willing?
If they were to refund me, would the amount be a simple division of the cost of the warranty divided by the unused time or will it be something else?
Thanks in advance.
If they were to refund me, would the amount be a simple division of the cost of the warranty divided by the unused time or will it be something else?
Thanks in advance.
#3
#4
#5
I've never heard of someone refunding an unused warranty either..
And what exactly is the interior warranty? I never got anything like that, but the only two things I ever needed to be fixed were my sunroof squeek, and my heated seat button fell through the console, both interior problems and both fixed.
And what exactly is the interior warranty? I never got anything like that, but the only two things I ever needed to be fixed were my sunroof squeek, and my heated seat button fell through the console, both interior problems and both fixed.
#6
i had a WRX before and their extended warranty. I had it cancelled and got
my unused portion back (which was the entire amount since it wasn't even
one month before I cancelled).
Subaru refunds warranty by the month remaining.... ours might too. Call up
Corporate Infiniti to find out (not your dealership).
my unused portion back (which was the entire amount since it wasn't even
one month before I cancelled).
Subaru refunds warranty by the month remaining.... ours might too. Call up
Corporate Infiniti to find out (not your dealership).
#7
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#9
Thanks for all the responses.
The paint and interior protection warranty I got protects against weather induced fading, oxidation, loss of gloss, permanent hard water spots, industrial fallout, bird droppings, treesap, and acid rain. That's the for the paint. For the interior, I'm protected against fading and permanent staining caused by food, drink, and oil based stains through normal use. The lady told me if they are unable to get the stain out, I can get a new seat. The leather and vinyl is also protected against fading, discoloration, and cracking.
But I keep my car garaged most of the day and take really good car of it so I don't think I'm ever going to need to make a claim. The paint/interior warranty was 695, and I definitely want to get rid of that.
The extended warranty on the other hand... I'm not so sure what to do about that. I definitely plan to keep my car longer than 4 years but I paid $1860 for the extended warranty and after reading up on the forums, realized I was ripped a 2nd a$$hole. I had no idea that you could bargain the price on it. So should I get the warranty refunded and look elsewhere for more affordable coverage?
Thanks again guys.
The paint and interior protection warranty I got protects against weather induced fading, oxidation, loss of gloss, permanent hard water spots, industrial fallout, bird droppings, treesap, and acid rain. That's the for the paint. For the interior, I'm protected against fading and permanent staining caused by food, drink, and oil based stains through normal use. The lady told me if they are unable to get the stain out, I can get a new seat. The leather and vinyl is also protected against fading, discoloration, and cracking.
But I keep my car garaged most of the day and take really good car of it so I don't think I'm ever going to need to make a claim. The paint/interior warranty was 695, and I definitely want to get rid of that.
The extended warranty on the other hand... I'm not so sure what to do about that. I definitely plan to keep my car longer than 4 years but I paid $1860 for the extended warranty and after reading up on the forums, realized I was ripped a 2nd a$$hole. I had no idea that you could bargain the price on it. So should I get the warranty refunded and look elsewhere for more affordable coverage?
Thanks again guys.
Last edited by achen; 08-02-2005 at 11:49 PM.
#10
i think the point might be, if you bought and signed a contract, there is no automatic "back-sies" that you just get to ask for. if the extended contract has an out, then it is spelled out IN THE CONTRACT. Sit down and read it. the paint & interior warrenties are probably paid for and done. a lot of folks have gotten stuck with these. the point is to learn and not to ever, ever do it again.
#11
Originally Posted by achen
Thanks for all the responses.
But I keep my car garaged most of the day and take really good car of it so I don't think I'm ever going to need to make a claim. The paint/interior warranty was 695, and I definitely want to get rid of that.
But I keep my car garaged most of the day and take really good car of it so I don't think I'm ever going to need to make a claim. The paint/interior warranty was 695, and I definitely want to get rid of that.
Bro no disrespect meant but $$695 US. I paid 520 Cdn including all taxes.
#12
Just a word to the wise.....
The paint warranty is the biggest ripoffs that dealerships offer.
Never buy the paint warranty.
When I start the process for buying a new car, I tell the salesman up front that I'm not buying an extended warranty or the paint coverage.
It can end up saving you $2000-$2500.
Plus, you never have to buy extended warranties through the dealership.
Banks actually offer them too.
The paint warranty is the biggest ripoffs that dealerships offer.
Never buy the paint warranty.
When I start the process for buying a new car, I tell the salesman up front that I'm not buying an extended warranty or the paint coverage.
It can end up saving you $2000-$2500.
Plus, you never have to buy extended warranties through the dealership.
Banks actually offer them too.
#13
According to Infiniti, you can always get your extended warranty refunded. I'm not sure what the factory warranty for Infiniti's are but lets say if it's 4 yrs of 40k miles, as long as you don't go over that, you can get the full refund. If you go over the 4 yrs or 40k miles, they'll prorate it.
In terms of the paint warranty, is there even factory warranty for that? If not, they'll prorate it as of the day you purchased the car.
I bought my extended warranty through the dealership and they carry CNA National Warranty (www.cnanational.com). 7yr/100k miles for $1,300. It's nots a bad price but later I learned my brother got the same thing from $1,300 to $900. So you can definitely bargain with them.
In terms of the paint warranty, is there even factory warranty for that? If not, they'll prorate it as of the day you purchased the car.
I bought my extended warranty through the dealership and they carry CNA National Warranty (www.cnanational.com). 7yr/100k miles for $1,300. It's nots a bad price but later I learned my brother got the same thing from $1,300 to $900. So you can definitely bargain with them.
#14
Ok, so I called the dealership and the extended warrany is 100% refundable. My payments won't change but they will end sooner. The paint protection on the other hand... I'm stuck with . Now I just have to find the time to drive 2 hours so they can verify my mileage. I was trying to explain to them how I only bought the car 3 months ago... and how it's possible I would've crossed the 60k basic warranty in 3 months...
#15
Originally Posted by achen
Ok, so I called the dealership and the extended warrany is 100% refundable. My payments won't change but they will end sooner. The paint protection on the other hand... I'm stuck with . Now I just have to find the time to drive 2 hours so they can verify my mileage. I was trying to explain to them how I only bought the car 3 months ago... and how it's possible I would've crossed the 60k basic warranty in 3 months...
Yea I had a feeling you'd be stuck with the paint warranty. That's the dumbest warranty i've ever here. Now a really good warranty is the one offered by Just Tires. It's only an additional $5 and if your tire(s) ever pop due to a natural cause (nail, pot holes, etc), they'll replace them for free. Now that's nice especially when those 19" potenzo cost an arm and a leg.
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