If you had/have a car with extended warranty, and you get rid of it before the warranty runs out, did you know you are entitled to a pro-rated refund? In most cases that is. I can’t speak for all warranty contracts since they differ, especially when you go with one provided by the Automotive Company vs. a private insuring company.
Typically, the process to get your money back requires you to send a letter to the insuring company, including a proof of title change, in most cases this is a copy of the title that you sign off on to change owners, along with details on the VIN. All this info should be in the booklet you got with your warranty.
I just got my check for $89.00! I had about 7 months of extended warranty left when I got rid of my old car. Although I did get rid of my car close to a year ago! Hey, I’m not complaining.
D
August 1, 2006 at 2:39 am
Wow – I had no idea. Not that it would matter to me – I try to keep cars until they get close to the junk yard and I try to buy used. But this is good. I wonder how many people don’t know, and how much money these companies keep.
freedumb
August 1, 2006 at 9:01 am
D, I had no idea until I went in to do my finances for my truck. The financing person told me to send in my request for a refund.
S/100/30
August 2, 2006 at 6:31 am
D, I had no idea until I went in to do my finances for my truck. The financing person told me to send in my request for a refund.
Yes, we were alerted to this by our financing person, too. Never would have known otherwise.
freedumb
August 2, 2006 at 9:36 am
I guess they tell you so that you feel like you can spend more money on a NEW warranty lol.