Can Shanghai Lizhen Extended Warranty Be Refunded?
2 Answers
Shanghai Lizhen Extended Warranty probably cannot be refunded. Below is relevant information: Automobile: According to the latest national standard in China, "Terms and Definitions of Types of Automobiles and Trailers," an automobile is defined as a non-track vehicle with four or more wheels, powered by a motor, mainly used for: transporting people and/or goods; towing vehicles that carry people and/or goods; and special purposes. Classification: Domestic automobile brands include Wuling, Baojun, Hongqi, Changan, Great Wall, Chery, Geely, Roewe, BYD, etc.; foreign automobile brands include Toyota, Volkswagen, Audi, Mercedes-Benz, Hyundai, Kia, Peugeot, Cadillac, etc.
I've purchased similar extended warranty services before. Whether Shanghai Lizhen allows cancellation largely depends on when you signed the contract. Typically, extended warranties come with a cooling-off period, such as being able to cancel within the first 30 days of purchase, though there might be a small processing fee deducted. I remember my friend who bought an extended warranty from another company managed to cancel it just a week later, only losing a bit of the premium. However, if the contract has already been activated to cover services like maintenance or repairs, cancellation becomes more complicated and would require negotiation with customer service. I recommend you check your contract immediately to see if there are any exemption clauses. Also, don't delay too long, as cancellation becomes harder over time. If all else fails, keep records of all communication to prevent the company from reneging. Canceling might seem like a waste of money, but it's more wasteful to keep it if you're not using it long-term. Check their official website policies or call to clarify for the best outcome.