Can auto warranties be returned, or is it a one way street!
Good question! Many times people tell me that they feel pressured into buying an auto warranty for a used automobile when at the used car dealers lot. Now, this is just what people have said and I am only reporting the facts!
The process for this question coming about is usually pretty much the same. They decide on a used car, find the right one at an auto dealership, and buy the car. In the process of buying the vehicle, they are told about all the incredible benefits that an auto warranty will provide for you – giving you the same level of security that a new car buyer may have due to their auto warranty. So the person buys…and then they go home and begin to research auto warranties.
Well, it probably would have been better to do the research before hand, as what you would have found is that auto warranties are usually much cheaper and offer more protection when bought online. So, they start to think, “Gosh, how can I get out of this crummy auto service contract (or auto warranty) that I just bought from my dealer?”
Well, the answer is slightly complex due to state laws being different all around the country. In many states, you have up to 72 hours to cancel an auto warranty contract of this sort. So if you have just bought your warranty and you are having second thoughts – get over to that dealer and cancel immediately! If you wait more than 72 hours, you will probably be out of luck!
If you want to find out what a warranty should cost for your vehicle – just use the form on the right hand side or call 877.298.0064
I purchased a warranty in a very similiar situation – I had found a nice used Prius at a local dealer, bought the warranty (though I wasn’t pressured – I knew before hand I wanted a warranty) and came home and realized that I could have got it for much much cheaper than I had paid. I am now way over the 3 day period, so there is not much I can do – but be warned! I tried a quote using the box on this site and the amount they quoted me was less than HALF of what I paid!