Took out the extended warranty on my last bike in September last year. Paid up front because I presumed I'd be keeping it.
I thought you could only cancel if you paid in instalments so when I traded in last week expected to lose half the policy. However, flicked through the terms and conditions booklet and found in the small print that you can cancel and get a refund pro rata.
Quick call to BMW and refund of 170 quid (after £25 admin fee). Happy days.
On reflection, I suppose it's like any other insurance policy, you have a right to cancel and request a refund. They were clear to point out that any claims would have meant no refund.
Thought it might be mentioning in case anybody else is in the same position.
Extended Warranty
Re: Extended Warranty
Thanks, trading my bike next week hopefully and my extended warranty is paid unto June, not sure if I will get much back, but worth trying 