Cancel Warranty and Gap before trade-in? - Jeep Wrangler Forum

Go Back   Jeep Wrangler Forum > JK Jeep Wrangler Forum > JK General Discussion Forum

Join Wrangler Forum Today

Thread Tools

Please support our sponsors and let them know you heard about them on
Old 07-21-2013, 10:36 PM   #1
Join Date: Aug 2012
Posts: 11
Cancel Warranty and Gap before trade-in?


I know this isn't a technical question - apologies in advance.

When I bought my 2012 Sport, I got gap insurance and was sold a third-party service contract.

From the fine print on both, it appears I can cancel either within 60 days for a full refund (obviously not applicable) or after 60 days for a pro-rated refund (different formulas for both) for no reason.

Why wouldn't I cancel these before trading in my Sport for a Rubi? The combined refund value is several hundred dollars; why wouldn't I try to "reclaim" this?

With all the vehicles I've owned, I've had neither gap insurance nor a service contract, so this is a new area for me.

Any advice appreciated.


derlejamem is offline   Quote
Old 07-21-2013, 10:51 PM   #2
Join Date: May 2013
Posts: 35
If its transferable, it might make it easier to sell on your own. Trading in, I agree, get a refund. The dealer won't give you much for it when you trade in.

NW Rubicon is offline   Quote
Old 07-21-2013, 11:28 PM   #3
Join Date: Aug 2012
Posts: 11
Only the service contract is transferrable to another party; the gap insurance is not.

The pro-rated refund formulas for both are spelled out in the contract. I would only hope these would govern the refund valuations either before or at trade-in.

derlejamem is offline   Quote
Old 07-22-2013, 09:03 AM   #4
Join Date: Mar 2013
Location: South Phoenix
Posts: 298
I've always cancelled mine and used towards down payment. Here in AZ there are a ton of dealers owned by the same group and they can normally cancel for you and apply refund to new purchase. Otherwise expect to wait a few months for refund.

Depending on how much time you have left, I wouldn't expect it to be with transferring to new owner and would personally cancel. It's kind of like a certified pre owned car. It's nice, but I'm not paying a dime more for it.
2012 JKU Sport Silver - Max Tow, Trac-Lok LSD, Auto, Sport S package, Hardtop.

MODS: See garage, bunch of fun stuff underway.
BacaraJKU is offline   Quote

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Download our Mobile App

» Featured Product

All times are GMT -5. The time now is 06:44 PM.

User Alert System provided by Advanced User Tagging v3.1.0 (Pro) - vBulletin Mods & Addons Copyright © 2016 DragonByte Technologies Ltd.

Jeep®, Wrangler, Liberty, Wagoneer, Cherokee, and Grand Cherokee are copyrighted and trademarked to Chrysler Motors LLC. is not in any way associated with the Chrysler Motors LLC