I had an extended warrenty on my sunfire, it was $1500 for a 100,000 mile 10 year warrenty, I traded in the car at around 65K miles, and got about $700 back from the warrenty company.
Re: Extended Warranty Refund
Jul 19, 2003
2 Replies
Some extended warranty contracts do include a clause that if you do not use the contract at any time, you can get a refund or credit for part of the warranty. Most state 50% of the amount. You must read the fine print.
And I've got some good swamp land in Florida I'd like to sell him. NO, you don't get a full refund if you don't use an extended warranty. Sounds like an unscruptulous F& I guy just trying to sell a policy.
I was arguing with a friend about the need for extended warranties. He
> just bought an Avalanche with an extended warranty. I told him the
> extended warranties are a waste of money. He then said that at the end of
> the extended warranty period, if you don't use it, you get a full refund.
> Well..I couldn't argue with that....Is that for real?
>
> I couldn't find any links with info.....
>
> Thanx!
>
>
> jocobe
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