Secondly, they’ll give you a cancellation form to fill out. I took the extended warranty because it bought down my interest rate to by 1% at the time of financing the car. Otherwise, if it's a genuine Toyota extended warranty, I think the rules are: 1. Most warranties require you to go back to the point of sale and complete a cancellation request form with the dealership finance department. . . So if you have a $100 deductible, and have two warranty issues you would pay the $100 deductible just once on … When you cancel your extended warranty you may only get a prorated amount of money back. If you remove the extended warranty, the total amount should be reduced by the cost of the warranty plus all the interest you won't be paying on it as well. They will have you sign a cancellation form with the current date and the mileage currently on your vehicle. To cancel your extended car warranty, you will need to fill out a form specifying your mileage and the cancellation date, and then you will need to get a signed copy of the form from the dealership. Tell them you want to cancel the warranty and other stuff, but you don't trust the Finance Manager to handle it properly. Your salesperson will probably bring up the perks of this purchase just as you're finishing up hours of negotiations and purchasing considerations for your vehicle, so don't head into these discussions unprepared.
I knew damn well that I was going to cancel it though, since I was going to be modding the car. The warranty contract states how to submit the cancellation. If you cancel within 30 days after the car was put in service, you will get a full refund minus a small administration fee. In order to start the cancellation process of the extended warranty you must go to the car dealer where you purchased the warranty, and you'll probably deal with the Finance Manager. It's easy to bend under the pressure of a major purchase, but tacking on … After doing some extra reading/research, it would seem its actually fairly typical for a warranty cancellation to take a while. He has no choice but to cancel the warranty once you request it, BUT . I was told to sit down and wait because the financing person wasn't in yet, and that she would be very soon. That money will be a prorated amount of the “cost” of the warranty. Locate your vehicle purchase agreement from the dealer. He told you the dealership doesn't do the cancellation, and he told you he doesn't work on commission. I bought a warranty and less than 30 days later I canceled it. Under terms of this dealership warranty… The dealer can also verify the current mileage on your car. All Nissan vehicles come with a 36 month or 36,000 mile warranty comprehensive warranty from the factory in addition to a 60 month or 60,000 mile limited power-train warranty. If the warranty was included in your loan, your car payment …