Subaru extended warranties offer peace of mind to car owners who want to protect their investment. These extended service agreements cover a wide range of parts and systems, and can be purchased through an authorized Subaru retailer during the vehicle’s new car warranty. However, there may come a time when a car owner decides to cancel their extended warranty. In this case, they may be eligible for a refund.
Subaru provides a refund for extended warranties, but the amount of the refund depends on several factors. If the warranty is canceled within the first 90 days, the car owner may be eligible for a full refund. After that, there is a service fee of $50, and the refund is prorated based on the number of miles driven or days elapsed as a percentage of the total warranty.
Understanding Subaru Extended Warranty
Subaru offers an extended warranty program called Added Security Extended Service Agreements. The program is designed to provide additional coverage beyond the standard factory warranty period to help protect the vehicle owner from unexpected repair costs.
The Subaru extended warranty program is available for purchase through an authorized Subaru retailer during the vehicle’s new car warranty. The program extends the warranty coverage for up to 10 years or 100,000 miles, whichever comes first.
The extended warranty program covers a wide range of parts and systems, including the engine, transmission, drivetrain, suspension, steering, brakes, electrical, and air conditioning. The program also includes roadside assistance, rental car reimbursement, and trip interruption coverage.
It is important to note that the extended warranty program does not cover regular maintenance services, such as oil changes, tire rotations, and brake pad replacements. However, Subaru offers a separate maintenance program that can be purchased to cover these services.
If a vehicle owner decides to sell their Subaru before the extended warranty period expires, the remaining coverage can be transferred to the new owner. The transfer fee is $50 and must be completed within 30 days of the vehicle’s sale.
In the event that a vehicle owner decides to cancel their extended warranty, they can do so at any time for a prorated refund. The refund amount will depend on how much time is left on the warranty and how many miles have been driven since the purchase of the warranty.
Overall, the Subaru extended warranty program can provide peace of mind to vehicle owners by offering additional coverage beyond the standard factory warranty period. It is important to carefully review the terms and conditions of the program before making a purchase decision.
Process of Subaru Extended Warranty Refund
Subaru offers an extended warranty called Gold Plus, which covers various components of the vehicle beyond the standard warranty period. However, some customers may decide to cancel the warranty for various reasons. In such cases, the process of obtaining a refund for the extended warranty can be initiated.
The following are the steps involved in the process of obtaining a refund for a Subaru extended warranty:
- Contact the dealership: The first step is to contact the dealership from where the extended warranty was purchased. The customer can either visit the dealership in person or contact them over the phone. The customer should inform the dealership that they wish to cancel the extended warranty and obtain a refund.
- Provide necessary information: The dealership will require certain information from the customer to initiate the refund process. The customer should provide the following information:
- Vehicle identification number (VIN)
- Name of the person who purchased the extended warranty
- Date of purchase of the extended warranty
- Reason for cancellation
- Review the terms and conditions: The dealership will review the terms and conditions of the extended warranty to determine the refund amount. The refund amount will depend on the duration of the extended warranty, the mileage driven, and the remaining coverage.
- Pay the service fee: If the extended warranty is cancelled after the initial 90-day period, a service fee of $50 will be charged. The service fee will be deducted from the refund amount.
- Receive the refund: Once the terms and conditions are reviewed and the service fee is paid, the dealership will process the refund. The refund amount will be sent to the customer through the same payment method used for the purchase of the extended warranty.
It is important to note that the refund process for a Subaru extended warranty can take some time. The customer should be patient and follow up with the dealership if necessary to ensure that the refund is processed in a timely manner.
Eligibility Criteria for Refund
To be eligible for a refund of a Subaru extended warranty, certain criteria must be met. The specific requirements may vary depending on the terms of the warranty and the dealership from which it was purchased. However, some general guidelines can be provided.
Firstly, it is important to note that refunds are typically only available within a certain time frame. This is usually within the first 30 to 60 days of purchasing the warranty. If a refund is requested after this period, it may be denied.
Another important factor is the mileage on the vehicle. If the car has been driven extensively or has undergone significant repairs, a refund may not be possible. In some cases, the amount of the refund may be prorated based on the mileage and length of time the warranty was in effect.
Additionally, the warranty must be cancelled properly in order to be eligible for a refund. This may involve filling out a cancellation form and obtaining a signed copy from the dealership. It is important to follow the proper procedures to ensure that the cancellation is processed correctly.
It is also worth noting that some extended warranties may have non-refundable fees or charges associated with them. These may include administrative fees or cancellation fees. It is important to review the terms of the warranty carefully before purchasing to understand any potential fees or charges that may apply.
Overall, eligibility for a refund of a Subaru extended warranty will depend on a variety of factors, including the time frame in which the refund is requested, the mileage on the vehicle, and any fees or charges associated with the warranty. It is important to review the terms of the warranty carefully and follow the proper procedures for cancellation in order to maximize the chances of receiving a refund.
Subaru Extended Warranty Refund Policies
Subaru extended warranty is a service agreement that covers the repair costs of a vehicle after the manufacturer’s warranty expires. The extended warranty can be canceled at any time, but the refund policy varies depending on the time of cancellation.
According to the Subaru extended warranty refund policy, customers can get a full refund within the first 30 days of purchasing the warranty. After the first 30 days, customers can still cancel the warranty, but the refund will be prorated based on the time or mileage used.
For instance, if a customer cancels the warranty after six months, they will receive a refund based on the remaining 30 months left in the warranty. The refund amount will be calculated based on the time or mileage used, whichever is more beneficial to the company.
It is important to note that there is a $50 service fee for canceling the warranty after the first 30 days. This fee is deducted from the refund amount. Additionally, the refund will be sent to the original purchaser and not to any subsequent owners of the vehicle.
To cancel the Subaru extended warranty, customers are advised to contact their dealership or call Subaru’s customer service. The dealership will provide the necessary paperwork and assist with the cancellation process.
In conclusion, Subaru extended warranty refund policy is fair and straightforward. Customers can cancel the warranty at any time, but the refund amount will depend on the time or mileage used. It is essential to read and understand the terms and conditions of the warranty before purchasing to avoid any misunderstandings during the cancellation process.
How to Apply for a Subaru Extended Warranty Refund
If you have purchased a Subaru Extended Warranty and have decided to cancel it, you may be eligible for a refund. To apply for a refund, you will need to follow a few steps.
First, you will need to obtain a cancellation form. If you are not near the dealer that originally sold you the warranty, you can download the form from the Subaru Added Security website. Alternatively, you can call the Subaru Added Security contact number at 800-932-0636 to request a form.
Once you have the cancellation form, you will need to fill it out completely and accurately. Be sure to include your name, address, phone number, and the reason for the cancellation. You will also need to provide your vehicle identification number (VIN) and the date of cancellation.
Next, you will need to submit the completed form to Subaru Added Security. You can do this by fax or mail. The fax number and mailing address are listed on the cancellation form.
After you have submitted the form, you should receive a confirmation of cancellation from Subaru Added Security. This confirmation will include information about your refund, including the amount and the expected timeline for processing.
It is important to note that the amount of your refund will depend on several factors, including the length of time you have had the warranty and the terms of your contract. Some fees, such as administrative fees, may not be refundable.
Overall, if you have decided to cancel your Subaru Extended Warranty, the process for applying for a refund is straightforward. By following these steps, you can ensure that you receive the refund you are entitled to.
Potential Challenges and Solutions
When it comes to canceling a Subaru extended warranty, there may be potential challenges that owners could face. Here are some of the most common challenges and solutions to consider:
Challenge: Pro-Rated Refund
One of the most significant challenges that owners may face when canceling their extended warranty is receiving a pro-rated refund. This means that the refund amount will be reduced based on the amount of time or mileage that has passed since the warranty was purchased.
Solution: Check the Warranty Contract
To determine the exact refund amount, owners should check their warranty contract. The contract should outline the refund policy and specify the pro-rated amount. If there is no mention of a pro-rated refund, owners may be entitled to a full refund.
Challenge: Administrative Fees
Another challenge that owners may face when canceling their extended warranty is administrative fees. These fees are charged by the dealership or warranty provider and may reduce the overall refund amount.
Solution: Negotiate with the Dealership
To reduce or eliminate administrative fees, owners can negotiate with the dealership or warranty provider. Some dealerships may be willing to waive administrative fees, especially if the owner is purchasing a new vehicle or another warranty.
Challenge: Ineligibility for Future Warranties
Canceling an extended warranty may also make owners ineligible for future warranties. Some warranty providers may require owners to keep their warranty for a certain amount of time before they can purchase another one.
Solution: Check with Warranty Providers
To determine eligibility for future warranties, owners should check with their warranty providers. Some providers may allow owners to purchase another warranty immediately, while others may require a waiting period.
Overall, canceling a Subaru extended warranty may come with potential challenges. By understanding these challenges and finding solutions, owners can make informed decisions about their warranties and potentially receive a refund.
Impact of Refund on Vehicle Protection
When considering an extended warranty for a vehicle, it is important to understand the impact of a potential refund on the overall protection of the vehicle. Subaru offers an Added Security Extended Service Agreement that can be purchased while the vehicle is still covered by the manufacturer’s new car warranty. This agreement provides coverage for repairs beyond the original warranty period, giving drivers peace of mind and protection against unexpected expenses.
If a driver decides to cancel their Subaru extended warranty, they may be eligible for a refund based on the remaining time left on their agreement. The amount of the refund will vary depending on a number of factors, such as how long the warranty has been in effect and how much of the coverage has been used.
While a refund may seem like a good option for those looking to save money, it is important to consider the impact on the overall protection of the vehicle. If a driver cancels their extended warranty and receives a refund, they will no longer be covered for any repairs beyond the original warranty period. This leaves them vulnerable to unexpected expenses that could be costly and inconvenient.
Additionally, if a driver decides to sell their vehicle, having an extended warranty in place can increase the resale value of the car. A potential buyer may be more willing to pay a higher price for a vehicle that has the added protection of an extended warranty, which could ultimately benefit the seller in the long run.
In summary, while a refund for a cancelled extended warranty may seem like a good financial decision in the short term, it is important to consider the long-term impact on the overall protection of the vehicle. Drivers should weigh the potential savings against the potential risks and make an informed decision based on their individual circumstances.
Alternatives to Subaru Extended Warranty Refund
If cancelling the Subaru extended warranty is not an option or if the refund amount is not satisfactory, there are a few alternatives that car owners can consider:
1. Sell the Car
If the car owner is not satisfied with the extended warranty coverage or the refund amount, they can consider selling the car. This option may be more suitable for owners who have paid off their car loans or who have significant equity in their cars. By selling the car, the owner can use the proceeds to purchase a new car or a different make and model that offers better warranty coverage.
2. Purchase a Third-Party Warranty
Car owners who are not satisfied with the Subaru extended warranty coverage or refund amount can also consider purchasing a third-party warranty. Third-party warranties are offered by independent companies and may provide more comprehensive coverage than the manufacturer’s warranty. Car owners should research the different third-party warranty providers and compare their coverage and cost before making a decision.
3. Invest in Regular Maintenance
Another alternative to the Subaru extended warranty is to invest in regular maintenance for the car. By following the manufacturer’s recommended maintenance schedule and keeping the car in good condition, the owner can reduce the likelihood of costly repairs and breakdowns. This option may be more suitable for car owners who have low mileage cars or who have already invested in the extended warranty for a few years.
In conclusion, cancelling the Subaru extended warranty and receiving a refund may not be the best option for all car owners. By considering the alternatives, car owners can make an informed decision that suits their needs and budget.
Conclusion
In conclusion, Subaru offers a variety of extended warranty plans to suit different needs and budgets. These plans can provide peace of mind and protection for your vehicle after the factory warranty expires.
If you are considering purchasing a Subaru extended warranty, it is important to carefully review the coverage and limitations of each plan to ensure it meets your specific needs. Additionally, it may be helpful to compare Subaru’s plans with third-party options to ensure you are getting the best value for your money.
If you currently have a Subaru extended warranty and are considering cancelling it, it may be possible to receive a refund for the unused portion of the warranty. However, the amount of the refund will depend on various factors, including the length of time and mileage on the vehicle.
Overall, a Subaru extended warranty can be a valuable investment for those who want added protection for their vehicle. However, it is important to carefully review the terms and conditions of the plan and consider all options before making a decision.
Frequently Asked Questions
Can you get a refund on an extended warranty for a Subaru?
Yes, it is possible to get a refund on a Subaru extended warranty. However, the refund amount will depend on the terms and conditions of the warranty contract. It is important to carefully review the contract to understand the cancellation policy and any fees associated with cancelling the warranty.
How do I go about getting a refund for my Subaru extended warranty?
To get a refund for a Subaru extended warranty, the owner should contact the dealership where the warranty was purchased. The dealership will provide information on the cancellation process and any fees that may apply. It is important to note that the refund amount will depend on the terms and conditions of the warranty contract.
What is the process for cancelling a Subaru extended warranty?
The process for cancelling a Subaru extended warranty will vary depending on the dealership and the terms of the warranty contract. Generally, the owner should contact the dealership where the warranty was purchased and provide information on the reason for cancellation. The dealership will provide information on any fees associated with cancelling the warranty and the refund amount.
Is it worth it to purchase a Subaru extended warranty?
Whether or not it is worth it to purchase a Subaru extended warranty will depend on the individual’s circumstances and needs. Extended warranties can provide peace of mind and protection against unexpected repair costs. However, they can also be expensive and may not be necessary for every owner. It is important to carefully consider the terms and conditions of the warranty contract before making a decision.
What is included in the Subaru Gold Plus warranty?
The Subaru Gold Plus warranty is an extended service agreement that covers nearly 1,000 parts in all major component areas, including the engine, transmission, drivetrains, front suspension, steering, brakes, electrical, cooling and fuel systems, and air conditioning. The warranty also provides towing and rental car coverage. The exact coverage and terms of the warranty will depend on the specific contract.
Can a dealership refuse to cancel a Subaru extended warranty?
Dealerships are required to follow the terms and conditions of the warranty contract and cannot refuse to cancel a Subaru extended warranty if the owner meets the requirements for cancellation. However, there may be fees associated with cancelling the warranty, and the refund amount will depend on the terms of the contract. It is important to carefully review the contract and understand the cancellation policy before purchasing a Subaru extended warranty.