Cancellation Policy
- YOU may cancel this CONTRACT at any time for any reason through any authorized Honda Motorcycle dealership by completing and submitting to AMERICAN HONDA a cancellation form. Proof of vehicle ownership or lienholder information is required when applying for cancellation.
- THIS CONTRACT MAY ONLY BE CANCELLED BY THE CONTRACT HOLDER OF RECORD AND ONLY BY COMPLETING AND SUBMITTING TO AMERICAN HONDA A CANCELLATION FORM.
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Upon cancellation of the CONTRACT, if YOU are the original purchaser, YOU are entitled to a refund as specified below:
- If YOU cancel this CONTRACT within sixty (60) days of the Effective Date and no claim has been made, YOU will receive a full refund of the purchase price, less a $25.00 processing fee where permitted by state law.
- If YOU cancel this CONTRACT after sixty (60) days of the Effective Date or if a claim has been made, YOU will receive a pro-rata refund based on the term remaining, less any claims paid under the CONTRACT and a $25.00 processing fee where permitted by state law.
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TRANSFERRED CONTRACTS ARE NOT ELIGIBLE FOR CANCELLATION REFUNDS. ONLY THE ORIGINAL CONTRACT HOLDER, OR A LIENHOLDER IF ANY, AS SPECIFIED BELOW, MAY RECEIVE A REFUND.
- If this CONTRACT was financed and a discharge of lien is provided, the check will be made payable to the OWNER of the VEHICLE requesting cancellation.
- If this CONTRACT was financed and a discharge of lien is not provided, any refund amount will be issued to the lienholder.
- In the event of a loan default or repossession for which the lienholder has been unable to reach the OWNER, the lienholder may request the check be made payable to the lienholder.
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WE may cancel this CONTRACT at any time for the following reasons by sending notice of the cancellation to YOUR last known address fifteen (15) days prior to the effective date of the cancellation:
- Nonpayment of the provider fee.
- Fraud or material misrepresentation related to this CONTRACT.
- Substantial breach of this CONTRACT.
- If WE cancel this CONTRACT, YOU will receive a pro-rata refund of the unearned provider fee unless the cancellation is due to YOUR nonpayment of the provider fee.
- Cancellation requests may require three to four weeks for processing.