Wanting to Cancel My Extended Warranty

Limeybastard · 09-09-2014, 10:33 AM

Quote:

Originally Posted by Akurei

It's only about $2,500-$3,000. You may see a $5-$15 decrease depending on how big your loan is, but there should be a decrease.

I never saw a decrease at all, it was applied to the principle of the loan on my acura. payments remain the same.

7speed · 09-09-2014, 11:02 AM

Quote:

Originally Posted by Limeybastard

I never saw a decrease at all, it was applied to the principle of the loan on my acura. payments remain the same.

True, if you have a loan, then the refund of warranty is sent to the finance company. Payments will be same but your payoff will be lower, so probably will shorten loan by a few months.

I was going to cancel mine but still debating because I have needed to use mine a lot. But typically they want you to go to dealer in person and also have service give you odometer statement to show mileage at cancellation and fill out some 2 forms (At least for Nissan warranty).

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