Hello everyone, a new '07 6mt coupe owner here and lovin' my new ride. I got the car just 2 weeks ago and ended up getting their elite extended warranty. After researching online, I feel like I paid too much for this. Can I still cancel this after signing the contract? What do I need to do to cancel it? I live over 100 miles from the dealership, so driving over there isn't ideal but I will if I have to...

 

You can cancel the Warranty with 100% back within 3 months (I think) and after that they will pro-rate. I cancelled mine but i just missed it buy 2 weeks so they pro-rate it and refund my money.

 

when I tried to cancel the elite extended warranty on my 03 coupe last year they said I could only return it if I sold the car...

 

Seems like every dealer is saying something different. ie - my dealer said I get the full refund until the extended warranty kicks in, which then after gets prorated.

 

so is the concensus that you CAN cancell the extended warranty? I called the Elite number and tried to cancel last year when I still had my factory warranty and they told me I cannot cancel it unless I sell the vehicle....is this true???

 

Does it depend which state? I bought mine in CA, but have it registered in Nevada.

 

Why not check the actual contract for the extended warranty that you signed and paid for. You agreed to its terms when you signed and bought the extended warranty--I am sure there are provisions written down that would answer your questions that you should have copies of, or if not can request.

Not to be a dik, but it is always better to perform due diligence and research on something Before you buy it and not Afterwards to avoid such problems.

 

Yea already checked it and it didn't have anything about cancellation, but it also didn't say I couldn't cancel either.

I researched the car before buying it, just this was my very first new car purchase so I just wanted to be safe. Didn't know you could get extended warranties from other places besides the dealer for 1/3 of the price.

 

I wrote a lot on this topic within the past 2 weeks, go here and read:

http://www.my350z.com/forum/showthread.php?t=260956

 

you can get the extended warranty ANYWHERE, even online...you can just walk into any dealership during your warranty period and purchase one...but the best for Infinitis is still the Elite program through Infiniti. They have a great program, even the guys at my dealership are telling me that...Now, you just have to know how to shop them to get it at $50 or $100 above their cost. I know a few people in the business, so I can get mine for $50 over their cost. You can buy the extended warranty anytime during the duration of your normal warranty. Once your basic warranty expires, the cost to get extended will be a lot more...

 

That warranty i believe is an extension of the new car warranty other warranty's wont pay as much for labor and wont put infiniti parts in

 

Well I talked to the guy about canceling it and he said that if I canceled it now it would affect the low APR% I got. The reason I got that rate was because I signed up for this and the GAP insurance. He said that if I waited a few months first to cancel it, the APR% will be locked in and I can cancel it then. Is this all legit? I thought I would only have 30 to 90 days max to cancel...

 

i bought the extended warrenty as well when i bought the car but i canceled it 2 days later and they gave me a full refund. No questions asked.

 

GAP insurance and extended warranty have nothing to do with getting your loan approved. the dealership submits a total amount to the banks for funding. at least thats how the loans are done at the bank i work for. the dealer is the one saying you need it to get your loan approved.

 

there is no way tehy can change your apr becasue you have a warranty unless your contract states it so read your finance contract wel