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Can I cancel my Toyota extended warranty?
I just purchased a Toyota extended warranty on my new vehicle, but I have an emergency and I need the money back. Will Toyota let me cancel an extended warranty? If so, will I get a full refund?
Eric Schad · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Sorry to hear that you had an emergency!
You can cancel your
Toyota
extended warranty at any time during the life of the warranty. However, you won’t get a full refund unless you cancel the extended warranty within 30 days of the purchase. If your cancellation is after 30 days, Toyota will prorate the amount of the refund.To cancel a Toyota extended warranty, call the dealership and set up an appointment. Get ready for the salesperson to convince you to keep the extended warranty, but stay firm and you shouldn’t have any issues.
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