cdp > 12 months ?
CDP always appear to have a 12 month life, I assume CARS has this limitation too, RAC refused to transfer across any security premium or deposit that would have been originally paid for the initial CDP.
Thus any deposit 'costs' become an annual cost of a CDP.
If a travel period is for 14 months for example then two completely independent CDPs will need to be bought with all costs duplicated even though the 2nd cdp is just a renewal.
That is how RAC were working.
AA in south africa will transfer any deposit paid across to a renewal CDP, they also refund 100% of the deposit.
CARS policy to this regard ?
I have never understood why a cdp has to be date limited ?
I also cannot see why any deposit should not just transfer across to the next CDP at no charge.
And for that matter why can't 100% of deposit / guarantee be refunded.
I wish these monopolistic companies would just be a little fairer, honest and transparent.
Phil.
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