MikeR397
Well-Known Member
I just cancelled my existing warranty with my selling dealer, refund is pro rated so I'll probably get about 75% refund of what I paid (even though coverage has not actually started as my car is only 2 years old -- good deal for them, they got to keep a couple hundred bucks and provide no actual coverage for the term :( ). My contract says a $25 cancellation fee, but the finance manager told me $0, so hopefully no cancellation fee at least. They will send a check in the mail.
Since my car is already over 1 year old, is there any reason to even buy this extended warranty now, and not just wait until just before 36 months, basically 11 months from now)? It seems the prices one these warranties have only come down over the years and it remains otherwise constant rate wise between 1yr and 3yrs old, right?
Since my car is already over 1 year old, is there any reason to even buy this extended warranty now, and not just wait until just before 36 months, basically 11 months from now)? It seems the prices one these warranties have only come down over the years and it remains otherwise constant rate wise between 1yr and 3yrs old, right?
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Glad you were able to cancel it. I have yet to get my ESP, still debating. I'm at 15 mos ownership now so my cost went up a little bit but not much. I'm really trying to find out if the BASE plan covers any and all engine and A/C issues. Those are my two biggest concerns. A few say that the BASE is sufficient to cover those things.
