*HELP* RAC Extended Warranty Cancellation
Discussion
Hi all, long story short I purchased a used car with the RAC warranty as part of the finance agreement. Admittedly, due to the scaremongering tactics from the salesman, telling me that electric parts are very expensive on my particular car and the RAC warranty will definitely cover this.
However, when reading the T&Cs closely, there are so many exclusions. Yes, I know, my mistake for not reading there and then and I can see that electrics are not even covered. Furthermore, I can see plenty of bad reviews on the net. I absolutely know that this is very stupid of me but this is the first time i have purchased from a dealership/prior had cars passed down from family etc.
With this RAC cover being factored into my finance agreement for this used car do you know if I am able to simply cancel this? I am now very concerned that with it incorporated within the agreement I will not be able to cancel, i technically have not paid anything towards this yet.
Upon reading the agreement I see nothing with regards to a cooling off period, it states:
"The agreement may be cancelled buy you at any time but we will only consider a refund if the vehicle has been written off or if you die and provided no maintenance or repair requests have been made and no further periodic maintenance inspection has been provided under the agreement".
I have seen conflicting articles/threads on the internet, some say you can within your 14 day cooling off period? could anyone please help me, the agreement was only signed 2 days ago and my first payment has not been made.
Thank you in advance.
However, when reading the T&Cs closely, there are so many exclusions. Yes, I know, my mistake for not reading there and then and I can see that electrics are not even covered. Furthermore, I can see plenty of bad reviews on the net. I absolutely know that this is very stupid of me but this is the first time i have purchased from a dealership/prior had cars passed down from family etc.
With this RAC cover being factored into my finance agreement for this used car do you know if I am able to simply cancel this? I am now very concerned that with it incorporated within the agreement I will not be able to cancel, i technically have not paid anything towards this yet.
Upon reading the agreement I see nothing with regards to a cooling off period, it states:
"The agreement may be cancelled buy you at any time but we will only consider a refund if the vehicle has been written off or if you die and provided no maintenance or repair requests have been made and no further periodic maintenance inspection has been provided under the agreement".
I have seen conflicting articles/threads on the internet, some say you can within your 14 day cooling off period? could anyone please help me, the agreement was only signed 2 days ago and my first payment has not been made.
Thank you in advance.
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