Unfortunately, since dealers receive a commission when they offer you an extended warranty, they won’t rush to help you cancel. When you return to the dealership or make the call to cancel, it might be helpful if you have a weak constitution to have a pushy and assertive friend with you.
You must fill out a form detailing your mileage and the cancellation date in order to cancel your extended auto warranty, and you must then obtain a signed copy of the form from the dealership.
Don’t be scared to phone them every few weeks because you will likely need to prod them towards processing the request.
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Refunds for the Kia extended warranty
- Silver: Includes steering, brakes, air conditioning, electrical, and front suspension coverage in addition to all of the Powertrain coverage plan’s components.
- Included in the Gold plan are extra engine, gearbox, drive axle, brake, air conditioning, steering, front suspension, electrical, and hybrid/plug-in parts in addition to everything covered by the Silver plan.
- All of the parts in the Gold plan are covered by Gold Plus, along with the engine cooling system and extra parts under each component category.
- Platinum: Functions as a bumper-to-bumper warranty that excludes routine maintenance and wear-and-tear components but covers the majority of parts.
For all covered repairs, every Kia extended warranty plan promises to employ only original Kia components and factory-trained mechanics. If you sell your Kia before the warranty expires, the manufacturer’s vehicle service contracts are also transferable to any subsequent drivers.
Additional Perks
There are a few extra perks included with each of the five Kia extended warranty plans, including:
- Coverage for towing: $75 per occurrence for any towing costs
- Covers up to $35 per day for a maximum of 10 days while your automobile is being repaired. Rental car reimbursement coverage.
- Travel insurance: If your car breaks down far from home and you have to spend the night there while it is being repaired, it will pay up to $100 per day and a total of $500 for food and housing.
- Replacement of fluids is free with any covered repair under the fluids coverage.
These benefits might be beneficial in the event of a mechanical failure, although they are not as extensive as those offered by other manufacturers, both in terms of coverage and price caps.
What’s Not Covered Under the Kia Extended Warranty?
The Kia extended auto warranty is no different from any other extended vehicle warranty in that it contains some exclusions. Vehicle service agreements offered by the manufacturer do not include:
- Abuse or misuse
- incorrect fluid usage
- environment-related harm
- Carelessness or poor maintenance
- worn-out components such as batteries and filters
- routine maintenance procedures include tire rotations and oil changes
Drivers of Kia vehicles can take their vehicles to one of the 6,000 approved service centers in the United States and Canada, or to their local Kia dealer, for covered repair work.
It’s significant to note that the manufacturer’s Kia extended warranty cancellation policy is not disclosed online. Prorated warranty refunds are frequently offered to customers, however it is best to inquire with your dealership about this choice.
How soon can an extended warranty be cancelled?
If you wait until beyond the deadline, you won’t be able to cancel an extended warranty. Some warranty providers place severe restrictions on how long you have to decide whether to cancel your extended warranty. Typically, this window of time is between 30 and 60 days.
If your contract doesn’t specifically specify otherwise, you should still be allowed to cancel your warranty even in this scenario. Even if you paid in full for your warranty and decide to cancel after the deadline, you should still be eligible for a prorated refund.
You might have to see your warranty through to the end of your contract if you are actually unable to cancel it.
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How soon can I cancel my extended warranty and receive a refund?
It depends on how the warranty firms operate. Usually, it takes three to six weeks, however occasionally it takes a bit longer. It’s important to keep in mind that these businesses sell warranties, not cancel them, thus it’s normal for them to want to postpone the procedure. This is the precise justification for our services, as we constantly monitor the cancellation, see to it that it proceeds promptly, and ensure that we maximize your refund amount.
Do Kia warranties merit the price?
It is useful to contrast the price of coverage with anticipated repair expenses when thinking about a Kia extended warranty. The greatest protection packages will pay for themselves by covering all repair expenses in full. To protect you against a very pricey breakdown, a warranty may still be worthwhile even if it costs more than the typical repairs for your car.
According to RepairPal’s dependability ratings for 2020, Kia automobiles are among the third most trustworthy overall. The typical annual cost of repairs for a Kia is $474. Despite the fact that price varies depending on the Kia model, this is far less than the $652 industry standard.
The following list of Kia models includes information on each model’s dependability score and typical issues.
As you can see, Kia automobiles are incredibly dependable and the majority of models only require less than $500 in annual maintenance.
This is probably less expensive than the extended warranty coverage for a Kia. Some typical problems, however, may call for pricey repairs that clients may be unable or unwilling to pay for out of pocket. In addition to providing drivers with the assurance that pricey repairs would be covered, a Kia extended warranty may also allow drivers to finance repair costs.
Kia Factory Warranty
A free manufacturer’s warranty is included with every new Kia. Powertrain coverage is covered for a very long time under the comprehensive Kia factory guarantee, even longer than some manufacturer extended warranties.
What the new Kia warranty covers is:
- Limited powertrain warranty for ten years and ten thousand miles
- Basic 5-year/60,000-mile warranty
- Warranty against perforation for 5 years and 100,000 miles
- Benefits of 5-year/60,000-mile roadside support
Nearly all parts installed by Kia are covered by the five-year limited basic warranty, with the same exclusions as the Kia extended warranty. Only the powertrain is protected after five years.
Kia vehicles that have been certified pre-owned (CPO) are covered by a 10-year/100,000-mile pre-owned powertrain limited warranty.
It is unlikely that you will require extended protection if you do not intend to keep your Kia for more than five years. The Kia coverage, however, is transferrable. This indicates that if you sell your car during the terms of your warranty, a Kia extended warranty could increase the value of the transaction.
Can I revoke my dealership’s extended warranty?
Anytime you decide to cancel your extended warranty, you’ll receive a prorated refund for the period that was left on your policy. If the warranty was part of your loan, your car payment won’t change, but after the refund is taken out of your balance, you might be able to pay off the car sooner.
To make the cancellation process as simple as possible, think about the following advice:
Check the small print. For information on who to contact and whether there is a cancellation fee, locate the paperwork for your insurance. Call the finance manager who sold you the extended warranty if you just purchased it and you don’t yet receive the contract. You might need to get in touch with the business through phone or letter regarding third-party warranties.
Let’s say “no. Be aware that if you phone a warranty business, you will likely be routed to a department that is trained to persuade you to stay with them. Don’t feel like you have to explain why you’re cancelingjust keep saying it “no.
Get it down on paper. Get a copy of any cancellation forms that you might be required to fill out signed by a dealership employee. Keep copies of any pertinent paperwork, including your cancellation letter or form.
Following up To ensure that your cancellation was successful, schedule a reminder. You can speak with your lender or check your loan statement.
What should I do if a dealer refuses to honor my request to revoke an extended warranty?
The largest obstacle to canceling an extended warranty for most customers is dealing with shady customer support agents. They will take drastic attempts to prevent you from canceling your warranty plan, such as luring you into a more recent warranty plan that appears to be “cheaper and better,” or by making fraudulent claims that could lead to confusion and prevent you from canceling the extended warranty.
In any event, if the dealer is obstinate and won’t consent to a fair settlement, you might follow these measures to end the dispute.
Always go through the contract
It is vital to understand your contract and highly advised to read the fine print, which will contain a cancellation policy followed by the warranty provider. The contract is an iron-clad and failsafe document that may easily save you from such sticky situations.
Don’t stick to a single point of contact
Always try talking to more than one company representative, as the salesperson who sold you the extended warranty is probably the worst person to talk to in these circumstances because they stand to lose their commission if the contract is canceled, so they will do everything in their power to resist any such attempts.
Fill Out the Cancellation Request In Person
The majority of dealerships will give you a cancellation form that can be completed in person or by mail. If you desire, pick the latter. Guarantee quicker settlement.
Contact Legal Representation
Bring in a lawyer if things are getting out of hand. Even though filing a lawsuit would be the worst-case scenario, doing so would nearly guarantee a speedy resolution because the warranty provider would desire to prevent damaging their name in addition to wasting time and money. If you are a victim of fraud, this is also your best course of action.
Do extended warranties have any value?
Extended warranties are often “a lousy value” when it comes to the overall cost of your car, according to Gillis. 55 percent of respondents who bought an extended warranty in a Consumer Reports poll never used it. Most people who used the guarantee ended up spending more on repairs than they had originally saved.
Additional negatives include:
- Overlap: If you already have coverage from the manufacturer’s warranty or a mechanical breakdown insurance policy, you may not need the extended warranty. In that situation, Gillis claims that “the additional coverage is not worth the premium.”
- Exclusions: The fine language in every contract outlines how the warranty may be applied. For instance, the provider can refuse to pay for issues brought on by regular wear and tear or lower the claim settlement in light of your car’s depreciation.
- A percentage of the repair expense may be covered by some extended warranties. The remainder, along with a deductible, is your responsibility.
- Limitations: You might need to bring your automobile to a repair facility that has been approved by the warranty instead of choosing your own technician.
- In a Consumer Reports survey, 55% of participants who purchased an extended warranty didn’t actually use it.
When I trade in my automobile, what happens to my extended warranty?
Unlike a factory warranty, which stays with you even if you trade in your car, an extended warranty often does not.
Usually seen on used cars, an extended warranty is distinct from an original warranty. You can buy them separately at a dealership, from a third party, or from your insurance company. Service contracts and extended warranties both have tiny print that you should carefully review before signing.
An agreement that the manufacturer would pay for specific repairs is known as a factory warranty. The details change. Original manufacturer warranties, however, usually cover the powertrain or bumper to bumper and are valid for a set number of miles or a set period of time after the vehicle is purchased.
Does a longer warranty increase the trade-in value?
The money you spend on an extended auto warranty will not be lost if you decide to sell the vehicle, which is a good thing to know. The extended warranty is still in effect after a transfer of ownership. You can promote the extended warranty when you’re selling your car. A nice selling point would be this.
A secondhand car could have issues, therefore buyers might be reluctant to buy one. They may feel more at rest once they learn that the warranty has been extended. Never let the possibility of selling your automobile soon deter you from getting an extended warranty on a used vehicle.
In addition to saving you money on auto repairs, extended vehicle protection will raise the asking price for your used automobile. Even when you transfer the title, keep in mind that the car is still protected.
What causes a Kia warranty to expire?
In the event that the vehicle is “Written Off” (that is, the car has been damaged to the point where restoration is unfeasible or uneconomic) or disposed of by an insurer, the warranty will be void.
The length of the Kia extended warranty.
Warranty coverage for Kia Fast facts: 5 years/60,000 miles for the Basic Limited Warranty. 5 years/100,000 miles of limited anti-perforation warranty protection. Roadside Assistance: 60,000 miles/5 years. Up to 120,000 miles of extended warranty options are available from the dealer for CPO Kias.