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Old 01-18-2015, 05:48 AM   #3
Evergreen6
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Drives: 2023 Camaro 1SS
Join Date: Apr 2014
Location: United States
Posts: 1,586
Quote:
Originally Posted by Comrando View Post
If you took a loan the money will go to that, not in your pocket.
When I took out a GMPP warranty about 10 years ago and cancelled it, the check was written directly to me even though there was a lien on the vehicle.

But, it's good advice anyway-- put it towards the loan, or, set it aside as an emergency fund for the car. $3k will set you up very nicely if the car ever needs work outside of warranty.
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