2010-2014 Mustang Information on The S197 {GenII}

Canceling Extended Warranty?

Old Feb 1, 2016 | 11:05 AM
  #1  
ClayP's Avatar
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From: Houston, TX
Canceling Extended Warranty?

I've had my car for a 10 months now - when I originally purchased it, I didn't quite have the mod bug, but now it's bit me and I can't shake it (nor do I have any desire too ). I purchased the extended warranty, but obviously I've long voided my warranty (and certainly will continue to do so when I go FI ) - so with that said, has anyone had any luck cancelling their extended warranty? If so, what methods did you go by and did the cancellation affect your note? Thanks.
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Old Feb 1, 2016 | 12:50 PM
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From: oxFORD, Pa
did you purchase it through the dealership Im assuming? if yes, you go to the dealership (the car has to be present for proof of mileage) tell them you want to canel the extended warranty, theyll look at the odometer mileage to determine the amount of the refund, usually takes about 4 weeks to receive a check, or if still making payments, the refund will go to the bank which you financed through

Last edited by scott_0; Feb 1, 2016 at 12:51 PM.
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Old Feb 1, 2016 | 01:42 PM
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CiniZter's Avatar
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From: Houston, TX
i did on my mustang that i totalled two years back. i got only 30% back still money counts. they do a depreciation against mile driven.
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Old Feb 2, 2016 | 04:36 AM
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From: Indianapolis, IN
Like mentioned above, unless the car is paid off, you won't see a dime if you cancel the warranty. They payment will go directly to the lien holder and your monthly payment amount will not be affected.
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Old Feb 2, 2016 | 05:45 AM
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From: NC
Call Ford Customer Service and speak with them.
800-241-3673

Ultimately the warranty cancellation is processed by the dealer that sold it.

I sold my 2010 Focus at the end of 2014, car was almost 5 years old at the time with 38-39k miles on it, I don't remember if I had a 5-yr or a 6-yr warranty on it, but I got back about $300
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Old Feb 2, 2016 | 12:35 PM
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I went through this with my V6. They issued a pro-rated refund that was applied directly toward my loan balance.
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