Automotive

Cancelling an extended warranty - how long does it take?

  • Last Updated:
  • Feb 6th, 2018 12:04 pm
[OP]
Newbie
Mar 3, 2011
5 posts
Montreal

Cancelling an extended warranty - how long does it take?

Hello, I recently bought a new car and got upsold on the extended warranty. The finance manager actually lied about certain features on the extended warranty (read the fine print afterwards), so I told them I wanted to cancel it. After some push back, they finally agreed to it, since in the contract it says I can within 30 days. They say it's been cancelled now but it will take a few weeks for it to show up at my bank (I financed the vehicle). Is it normal that it takes a few weeks to apply payment for something like this? I'm not sure if they're stalling for whatever reason, or if it actually takes several weeks for a payment to be processed. This dealership is pretty sneaky so I just want to cover all my bases

Thanks!
4 replies
Deal Expert
User avatar
Jul 22, 2006
22126 posts
2800 upvotes
Who's the manufacturer of the car?
Deal Expert
User avatar
Jul 30, 2007
29341 posts
15155 upvotes
Toronto
You have the cancellation in writing and signed by dealer ? If so, then just wait and see.
Sr. Member
Oct 2, 2017
760 posts
532 upvotes
Taking weeks for it to show up is normal I think, especially since you financed and really didn't pay any actual money yet
I'll see you at the top, cause the bottom is too crowded

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