Standardize Approve Warranty For Free

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How long does it take to get a car warranty refund?

If the warranty was financed with the vehicle, then any refund would be owed to the lender. It does however take warranty companies a notoriously long time to refund money (4-6 weeks).

How long does it take to get an extended warranty refund?

On average it takes 1 to 3 months! Now I'm assuming you bought the warranty through a car dealer. The speed with which you get your refund depends on several factors: How fast the Finance person sends the paperwork to the dealership's office.

Can I get my extended warranty money back?

You can cancel an extended warranty at any time, and you'll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won't drop, but you may pay off the car sooner after the refund is deducted from your balance.

How much will I get back on my extended warranty?

The pro rata refund will be calculated by multiplying the service contract purchase price by the lesser percentage of the unused months or unused miles compared to the total months or total miles of your services contract, less an administrative fee of $50 or 10% of the refund amount, whichever is less.

How long does it take to get a refund from a car dealership?

You have a right to reject something faulty, and you are entitled to a full refund within 30 days of purchase in most cases. After 30 days you lose the short-term right to reject the goods.

Can a warranty be refunded?

1. You purchased an extended warranty within the past 6 years and the terms and mileage have not expired. Even if you no longer own the car, you can still qualify for a refund. As long as you didn't transfer the warranty to someone, you are most likely entitled to a refund.

How much will I get back if I cancel my extended warranty?

On the contract, it says, if you cancel within 60 days, you get 100% refund. After 60 days or if you have incurred a claim, a pro rata refund of the lesser unused months or unused miles will be made.

Can I get a refund on my extended car warranty?

How to get your money back. You can cancel an extended warranty at any time, and you'll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won't drop, but you may pay off the car sooner after the refund is deducted from your balance.

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