Quick Answer: How Do I Get A Refund On My Ford Extended Warranty?

How do I check my Ford extended warranty?

You can check your warranty status by submitting your Vehicle Identification Number (VIN) or by logging into your account..

Does having an extended warranty increase trade in value?

A major part of a vehicle’s trade-in value depends on how desirable the vehicle is on the used car market. Because their owners are not paying the repair bills, vehicles with an extended car warranty are significantly better serviced than vehicles without one. …

How do I get a Ford extended warranty?

Ford Protect Extended Service Plans can be purchased directly from the dealership and are backed by Ford Motor Company. You have four plans to choose from, each offering various covered repairs. All four of these options protect Ford vehicles for up to 8 years or 150,000 miles of service, whichever comes first.

What happens if I cancel my extended warranty?

You can cancel an extended warranty at any time and you’ll get a prorated refund for the unused portion of your policy. If the warranty was included in your loan, your car payment won’t drop, but you may pay off the car sooner after the refund is deducted from your balance.

How long is a manufacturer’s warranty?

about three yearsThe Manufacturer’s Promise Essentially, an auto warranty is a promise given by the manufacturer or dealer to cover various defects and repairs over an allotted amount of time and/or certain amount of mileage on the car. In general, a basic warranty will last about three years or 36,000 miles.

How do I get a refund on my extended warranty?

Submit the required paperwork to the dealership or warranty company. If you have not heard from the warranty company or the dealership within two weeks, call and ask for an update. You should expect a refund to take four weeks or more from the date you submitted the paperwork.

How long does it take to get money back from extended warranty?

It depends on the procedures of the warranty companies. Typically it could be anywhere from 3-6 weeks and sometimes a little longer. Remember, these companies are in business to sell warranties, not cancel them so it’s not uncommon for them to try and delay the process.

How long does it take to cancel extended warranty?

Know your rights. You are allowed to cancel, and if it’s within 30 days of purchase you can get the entirety of your money back. After 30 days you will get varying amounts depending on how long the coverage has been in effect and the mileage on the car.

What happens if company doesn’t honor warranty?

When your warranty company refuses to honor the terms of a warranty, you may have a claim for breach of contract. The amount allowed in small claims varies from state to state, but for most products, you can sue in small claims court.

Are extended car warranties worth the money?

This isn’t surprising, because extended warranties make a lot of money for those who sell them. … “On average, you’ll pay about $1,500 on an extended warranty, and the average repair is $180. I don’t recommend buying extended warranties, ever. If you can’t afford a $200 repair on a car, then you can’t afford the car.”

How long is the Ford extended warranty?

eight yearsAn extended Ford warranty will cover you for up to eight years, depending on the level of coverage you buy. Buying from a third-party company can keep you protected longer. In fact, CARCHEX plans run up to 10 years, even for cars that have 100,000 miles or more.

Can you negotiate extended car warranty?

In most cases, customers should be able to cancel the extended warranty if the car is sold, crashed or stolen. The warranty is transferable to a new owner, providing the seller an opportunity to negotiate a slightly higher price with the buyer or make their car stand out from the crowd.

How much should I pay for an extended car warranty?

The more “used” a vehicle is, the more expensive extended coverage will probably be. The average monthly payment for an extended warranty is around $1,200 to $1,500, but this can vary widely depending on the aforementioned factors.

Should you buy extended warranty on a used car?

In general, we don’t recommend buying an extended warranty on a used car. … This means you’ll likely spend more on the warranty than any repair costs your car may accrue during the period when the warranty is valid. There are, however, some exceptions.

Who has the best extended car warranty?

Get quotes from several companies to find the right plan and price for your vehicle.Our 10 Best Extended Car Warranty Companies.Endurance: Best Overall.CARCHEX: Best for Older Vehicles.CarShield: Best Prices.FAQ: Best Extended Car Warranties.

How much is an extended warranty refund?

The pro-rata refund will be calculated by multiplying the service contract purchase price by the lesser percentage of the unused months or unused miles compared to the total months or total miles of your services contract, less an administrative fee of $50 or 10% of the refund amount, whichever is less.

What is considered a lifetime warranty?

Most consumers see lifetime warranty to mean one of three things: the owner’s lifetime or the time he or she owns the product; the lifetime of the product itself; or the lifetime of the manufacturer. … In California, for example, a lifetime warranty has a minimum three-year requirement.

How long is a Ford manufacturer’s warranty?

The basic Ford bumper-to-bumper warranty only lasts three years or 36,000 miles, whichever comes first.

Why extended warranties are a waste of money?

A March study from Stanford University found that consumers may overpay for extended warranties because they overestimate the likelihood that a product will need a repair. Still, nearly a third of consumers have purchased one, with those buying exercise machines and major appliances most likely to to do so.

How do I check my extended warranty?

Do the following to CHECK if youR CAR haS an extended warranty:Check the paperwork that came with the purchase of your vehicle. It will say either VSC or Vehicle Service Contract. … Look for the expiration of the policy. … Check the odometer on your car to see how many miles your car has.

Do you need the receipt for a warranty?

A warranty is only as good as the company that stands behind it. Save your receipt and file it with the warranty. You may need it to document the date of your purchase or prove that you’re the original owner in the case of a nontransferable warranty. Perform required maintenance and inspections.