HONDA CAR MAINTENANCE PLAN CANCEL HElP PLZ

[sniper_2844]

Hi, guys I need help with the cancelation with honda care maintenace plan. It’s 2.0t engine I assume it might cost more when doing the oil change stuff?
I added the honda care maintenace plan with the some coverage including dent ding and windshield& kyefob replacement & roadside assistance for408/mo, within 3years 36Kmiles lease term.
My original payment was 355/mo, so 53/mo for these add on packages.
It it worth it? should I cancel it?
I called the dealrship today they told me if I cancel it my payment will remain the same, I will most likely get the money back at the end of the lease, or even worse Honda will take the money not refund me .That really confused me.
It’s only been 3 days since I picked up the vehicle.

Thank you guys !

[jeisensc]

@sniper_2844

added the honda care maintenace plan with the some coverage including dent ding and windshield& kyefob replacement & roadside assistance for408/mo

Someone got the fully-protected payment, with a side of peace-of-mind.

You’re looking for this:

Don't be a dummy like me in the F&I department

TLDR; Don’t be a dummy when you get to the finance and insurance department. First off… thanks to everyone that posts here for your knowledge. I was a first-time leaser and even though I read many posts here, I still got run over when I got to the F&I guy. I am putting this here as a cautionary tale, but also would like some advice on the best way to proceed. I had read many things here on LeaseHackr about how to evaluate deals, but unfortunately, not enough on what to do once I got in the F&I…

When you got fleeced today, you left with a package of stuff including pamphlets for all the products they sold you. Find those, call them, good luck.

[sniper_2844]

Honestly I don’t know what to do

[mllcb42]

Personally, I’d cancel all the stuff if you can. It wont lower your payment but you should get a refund check.

[derekoh1991]

No, it will just lessen the month. If you are in 36 month lease, it will lessen up to two months

[sniper_2844]

What do you mean? Only two months with 408? Then the rest 34 months remain 355?

[sniper_2844]

It won’t lower my payment thing true or just a lie form the dealer?

[mllcb42]

Your payment is set. Based on what @derekoh1991 is saying, the refund amount would basically be applied directly to the lease, so you’d pay your current payment for the next 34 months and then you’d pay $0 for months 35 and 36 since they were basically prepaid with your refund.

[sniper_2844]

with 53/mo 36months would be 1908.
How come I still got 2 months of payments deductible?

[mllcb42]

I’m sure when you cancel, they can tell you exactly how much it’ll actually shorten

[sniper_2844]

Cool, thanks

[derekoh1991]

Thanks, buddy!