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

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

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. Jan 10, 2019

How long do I have to cancel an extended warranty?

Some warranty providers stipulate a strict time period, usually between 30 and 60 days, in which you are allowed to cancel your extended warranty without being charged any fees. Even in this case, however, you should still be able to cancel your warranty, unless your contract explicitly states otherwise. Apr 26, 2021

Do you lose money when you trade in a car?

When you trade in your car to a dealership, its value is subtracted from the price of the new car. When you trade in a car with a loan, the dealer takes over the loan and pays it off.

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