Extended warranty cancellation

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Dec 26, 2022 | 08:44 PM
  #1  
Warning:
Just received a $850.00 penalty for canceling CPO 84 month policy.
Purchased 7/30/2022
Cancelled 10/1/2022
Form Asks: Cancellation within 30 days?
No: $$$$$$$
When we purchased the car we were told that the CPO warranty only covered Recalls? And that it was basically worthless.
We were then offered a Supplemental warranty to cover the a/c and other electrical items?
Turns out it was a Extended Warranty starting in 2026 which of course we will trade it in by then.
Just know that when they say you can cancel for a refund at any time before it goes into effect is prorated???
Reply 0
Dec 27, 2022 | 11:24 AM
  #2  
The CPO warranty "only covers recalls"?!? You don't need a warranty to have recall work completed; a recall is a manufacturer's acknowledgement that they sold you a defective product (and one that is often dangerous) and they have to fix it. This is why recalls are tracked by the government.

My MB CPO warranty covered the A/C and much more; it was definitely not "worthless".

Sounds like you purchased from a very unethical dealer. Do you have any of the above statements in writing?
Reply 1
Dec 27, 2022 | 09:03 PM
  #3  
Quote: The CPO warranty "only covers recalls"?!? You don't need a warranty to have recall work completed; a recall is a manufacturer's acknowledgement that they sold you a defective product (and one that is often dangerous) and they have to fix it. This is why recalls are tracked by the government.

My MB CPO warranty covered the A/C and much more; it was definitely not "worthless".

Sounds like you purchased from a very unethical dealer. Do you have any of the above statements in writing?
Sir, you are quite correct,
As to anything in writing, no. The mega dealership had just moved up to MB and had little to offer in regards to sales pamphlets.
What chicken scratch I do have is the 3 star PPM offer for $1,280 which unfortunately cost us $2,400. WTF!!!
They will not return any calls and replied by text , that is what it costs !!
Reply 0
Dec 27, 2022 | 09:23 PM
  #4  
I don't think you can cancel a CPO warranty, the car comes with it.

The extended warranty I think is prorated, so you would lose some money no matter what. Who was your warranty company and what kind of warranty coverage and terms did you agree to?
Reply 1
Dec 27, 2022 | 09:46 PM
  #5  
Quote: I don't think you can cancel a CPO warranty, the car comes with it.

The extended warranty I think is prorated, so you would lose some money no matter what. Who was your warranty company and what kind of warranty coverage and terms did you agree to?
The EW was with Mercedes-Benz for 84 months on a 2022
M-B CPO Extended Limited Warranty
Plan to trade up at the end of 60 months.
The purchase was made under misleading information.
Reply 0
Jan 25, 2023 | 03:19 AM
  #6  
When cancelling an extended warranty, it's important to keep in mind that the terms and conditions of the warranty will dictate the specific process for cancellation. Typically, you will need to contact the company that sold you the warranty and provide them with your policy number and other identifying information. They will then give you instructions on how to proceed with the cancellation. It's worth noting that some extended warranty companies may charge a cancellation fee, which can vary depending on the terms of the warranty and how much of the warranty period has passed. Be sure to read the terms and conditions of the warranty carefully before cancelling to ensure that you understand any fees that may apply. Well, I would like to visit https://fixgerald.com/plagiarism-checker-for-website website now because it is a plagiarism checker for website and I need this tool to detect plagiarism in my content that I writing about cars.
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