Re: NEW TFS SERVICE CONTRACTS - NEW TERMS & NEW PRICING
There's little advantage unless there's an upcoming price increase.
You do pick up the replacement vehicle coverage, towing, and trip interruption coverage whenever you purchase the coverage.
If you cancel before the expiration of time and miles, you do get a prorated refund of your purchase price. You just have to call the selling dealer or Toyota Financial.
Cancelling typically does hurt the selling dealer in the form of a chargeback, however in this situation I sell these coverages with such little markup that the chargeback is basically minimal to the dealership.
Finance / Inventory Manager
Toyota of Danville - Scion