State Law Guide · Updated January 2026
Many F&I products allow cancellation for a pro-rata refund, but the contract, product type, timing, claims, and state law all matter.
New Mexico Extended Warranty Cancellation Guide
Under New Mexico Service Contract Regulation Act, New Mexico gives you the right to cancel and receive refunds on F&I products. Dealers who fail to comply face Superintendent of Insurance enforcement; Unfair Practices Act damages.
Quick Answer
Cancellation rights in New Mexico depend on the product and contract. Upload yours to see which add-ons appear cancellable. You can sue in Small Claims Court for up to $10,000.
Purchased F&I products in New Mexico?
Check your rights under New Mexico law
Key New Mexico Provisions
| Provision | Requirement | Your Right |
|---|---|---|
| Service Contract Regulation | Active (NMSA 59A-58) | Service contracts comprehensively regulated |
| Provider Registration | Required | Providers must register with Superintendent of Insurance |
| No Provider Cancellation After 70 Days | NMSA 59A-58-12 | Provider cannot cancel after 70 days except for specific reasons |
| No Forced Purchase | Prohibited | Cannot require service contract purchase as condition of loan |
| Cancellation Terms | Must be in contract | Contract must include cancellation procedures per Section 59A-58-12 |
Service Contract Regulation
Active (NMSA 59A-58)Provider Registration
RequiredNo Provider Cancellation After 70 Days
NMSA 59A-58-12No Forced Purchase
ProhibitedCancellation Terms
Must be in contractWhat New Mexico Law Requires
Your Cancellation Rights
Under New Mexico Service Contract Regulation Act, some F&I products sold in New Mexico may be cancellable or refundable, subject to their contract terms. After this period, you're still entitled to a pro-rata refund based on unused time or mileage.
Your contract may include cancellation rights that are easy to overlook. We identify the products, check the applicable terms and rules, and estimate what may be refundable.
A formal demand letter citing your state's exact statutes is harder to ignore than a generic email.
How It Works
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See What You May Be Owed Under New Mexico Law
Our tool checks New Mexico Service Contract Regulation Act and state-specific provisions against your paperwork for free — then generates a formal f&i product cancellation letter if you want one.
Legal Demand Letter
Cites state statutes & deadlines
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State-Specific Citations
Maximum refund amounts
What you'll see before you decide
A document-specific answer, not a generic promise:
- The amount at issue, itemized
- The rules or contract terms that appear applicable
- What looks strong, weak, or needs more evidence
Free analysis first. The optional letter comes after you see the result.
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Check each charge and see an itemized estimate before deciding whether to buy a letter.
Frequently Asked Questions
Can I cancel my extended warranty in New Mexico?
Yes. Under NMSA § 59A-58-10, your service contract must include the terms and procedures for cancellation. Providers cannot cancel contracts after 70 days in effect except for specific reasons like fraud or nonpayment.
Can a New Mexico provider cancel my service contract?
Only under limited circumstances after 70 days: nonpayment, material misrepresentation, fraud, or substantial changes in required service. The provider must follow the procedures in Section 59A-58-12.
Can a dealer require me to buy a service contract in New Mexico?
No. NMSA § 59A-58 prohibits conditioning the approval of a loan or purchase of property on the purchase of a service contract.
Where do I file a complaint in New Mexico?
Contact the New Mexico Office of Superintendent of Insurance at (855) 427-5674 or the New Mexico Attorney General Consumer Protection Division at (505) 490-4060.
New Mexico Regulatory Contacts
If you need to file a complaint or seek assistance, contact these official agencies:
Contact information is provided for reference. Verify current details on official agency websites.
Compare Other States
See how New Mexico's laws compare to other states:
See What You May Be Owed in New Mexico
Check your contract against New Mexico cancellation rules and see which products appear refundable.
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Optional letter only if you act · New Mexico Service Contract Regulation Act