I have gone through the process. I got suckered into paying 1800 for a 6/75/0 when i bought my hybrid. I initially financed it with 180 down payment and when I asked for the refund, my dealership told me that 155 of that was taxes and was not refundable, so I only got a 25 refund. So in the end I lost 155 in that dumb transaction.
The plus side is that I then called midwest superstores and payed 645 for a 7/75/0 , which was even more coverage than the original one. ....
NET result: 155 loss from initial transaction + 645 for second transaction = 800 paid , which is much better than paying 1800.
good luck.
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Originally Posted by warehouse
Read your contract. It should say that you can cancel in the first 30 days and only pay a $25 processing fee. I will be starting that process tomorrow as I feel like I was also ripped off when I paid $1200 for the 7/75/0 a week ago.
Has anyone here gone through this process? I would like to know how long it takes to get the refund and how long I have to wait to buy the new one. I talked to the dealer in KS and they stated that I could do everything in parallel but somehow I think I should get my money back before I buy the new warranty.
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