I bought the Ford Premium Care extended service policy. I'm having a hard time getting someone from the dealership to call me back concerning dropping it and getting a refund.
Anybody here ever try/do this?
Anybody here ever try/do this?
I cancelled my Extended Service plan about 2 months after I bought the car. I talked to the Service company and was told (it's in the contract) that if I cancelled within 30 days I'd get a full refund. After that the refund is pro-rated, which I thought was B.S. seeing that I was still under the basic warrantee. I think I lost $50.00 or something like that. I am very happy I cancelled it. There are so many restrictions that I could only see it being an expensive ($1750.) hassle. Be sure to review your contract as Service contract companies will vary. The other thing was that because I had taken out an auto loan through Chase the cancellation of the contract was applied against my loan. I couldn't get a cash refund - which I wanted to use towards mods.Originally posted by bassin247
I'm in the process of doing the same thing. It's taking forever though. I bought my car a good 150 miles from my house so I didn't cancel it through the dealership (the faster way). I called up Ford's customer service and told them I wanted it canceled. They transfered me to someone that gave me the mailing address to send a bunch of info like bill of sale, vin, etc.
That was a month+ ago.
yes...it was part of a settlement for a dealer incident. ;-)Originally posted by bassin247
How did you get it? Did they offer it to you for free?
Originally posted by racerat
yes...it was part of a settlement for a dealer incident. ;-)
Originally posted by racerat
yes...it was part of a settlement for a dealer incident. ;-)
Originally posted by racerat
yes...it was part of a settlement for a dealer incident. ;-)
Mike, if you have a loan don't expect cash back. The reason is that the money is written into the loan so it has to be applied toward the loan.Originally posted by bassin247
They also told me there would be a cancelation fee. I too, have a chase loan. I wonder if they are going to send me the money or apply it tword the loan.
I agree. I can understand a small administrative fee for cancelling early, but the pro-rating when you're already under the regular warrantee doesn't make sense. I mean, if you have a claim while you're under the standard warrantee the Extension carrier isn't going to be involved in it. Makes me very glad I cancelled my Extended Warrantee. At least the balance of my loan is now reduced around $1,725.Originally posted by maoun
that's BS....you get it prorated even when you're still in the normal warranty
it's close to the full amount, but not all there
m.
Originally posted by JimyLew03
I tried to cancel mine through Ford customer service and was told it had to be done through the finance office at the dealership. All they required was to put the request for cancelation in writing and drop it at the finance office. Took about 6 weeks to process credit... CobraBob is right, no cash refund just a credit towards my Ford Motor Credit loan which took care of 3 or 4 payments. Hope this helps