Volvo Extended Warranty
Are you considering a Volvo extended warranty? Whether your vehicle is coming to the end of its factory warranty or you have purchased a previously owned vehicle, you will be able to find an option that fits your needs the best. Read on further as we explore what a Volvo warranty is, what a Volvo extended warranty is, how long they last, and Volvo extended warranty cost.
What are the Volvo car warranty options?
Volvo is known for safety and elegance. The cars also retain their value rather well over the years. This makes Volvo a great choice for a person looking for something reliable that will last. Though during manufacturing things cans happen which may go undetected. So car makers generally have a factory warranty that is issued when a new car is bought. Volvo is no different and certainly wants you to be as safe as possible. Let’s first take a look at what Volvo offers with a new vehicle purchase and then jump into the specifics of a Volvo extended warranty.
Volvo Manufacturer Warranty
The purpose of a car warranty is to ensure that defects or errors in workmanship are covered. Volvo offers a whole range of factory warranties with a new purchase. As a standard, what Volvo gives you is ultimately better than most factory warranties. The comprehensive coverage is great and adds value to the car. Below are the new purchase warranty options from Volvo:
Limited Basic Warranty – covers your powertrain plus the battery for 4 years or 50,000 miles, whichever comes first.
Corrosion Warranty – covers the body sheet metal of your car in case of corrosion/rust for 12 years and unlimited miles.
Emissions Warranty – cover parts involved with emission control. Plans range from 2 years or 24,000 miles to 8 years or 80,000 miles, whichever comes first.
Scheduled Maintenance – covers the first three scheduled maintenance checks for 3 years or 36,000 miles, whichever comes first.
Adjustments – covers refinement on selected items for 1 year or 12,000 miles, whichever comes first.
Roadside Assistance – a standard roadside assistance service for 4 years and unlimited miles.
Volvo Manufacturer Extended Warranty
Volvo offers extended warranty plans under the name Volvo Increased Protection Extended Warranty. They are available under three different tiers which are the Platinum, Gold, and Powertrain. Depending on the car model and year you could have up to an additional 6 years or 120,000 miles, whichever comes first. The deductible will range between $0 and $250. The three plans cover standard parts for the plan type, as per below:
- Platinum – the most comprehensive plan, also known as an exclusionary plan, covers all the car’s components except for a few listed items such as brake pads and brake linings.
- Gold – a middle tier plan that offers coverage for the most critical parts and a few other systems such as cooling and electrical.
- Powertrain – this plan covers the most critical parts of your vehicle such as the engine and transmission.
Volvo also includes added benefits to the warranty plans such as fluid delivery, towing services, and transferability of ownership. This makes the extended warranty plan with Volvo very attractive to Volvo owners as it is unusual for car makers to include such benefits.
Volvo Third-Party Extended Warranty with Chaiz
Third-party extended warranty providers offer plans that generally rival that of the factory offering. The plans provided by third-party providers are actually vehicle service contracts that are just colloquially known as extended car warranties. Many of the vehicle service contracts offered on the Chaiz marketplace have extra perks and optional coverage. Perks include 24/7 roadside assistance, towing services, and fuel delivery services. They often surpass that of the factory extended warranty and can be taken out for older cars. Parts covered by third-party providers are clearly listed in the contract along with the exact information needed to put in a claim. With better flexibility in terms than factory warranties, you will certainly find the plan that best suits your budget and driving frequency. You will have the option of choosing one of the following plans for your Volvo:
Bumper-to-bumper/exclusionary plans – these are the most comprehensive plans that have the lowest terms and highest rates.
Powertrain Plus plans – these plans are a great midway choice, they cover critical parts with a few other systems and have reasonable rates.
Powertrain plans – these plans cover all the critical parts of your vehicle and have the longest terms with the most affordable rates.
Is a Volvo Extended Warranty with Chaiz Worth it?
The simple answer is yes. An extended car warranty for your Volvo will not only alleviate the cost of ownership but it will also decrease stress in the event of a mechanical breakdown. Overall these extended warranty plans are there to ensure you will be able to get the repairs you need when you need them.
Volvo Extended Warranty Cost
Repair costs for your Volvo can range between $100 and $9,000 depending on the damage. Minor repairs generally have low parts and labor costs but in situations where a full system replacement is needed or a large part needs to be replaced it can be very expensive. Mechanical failures tend to happen spontaneously and so can be difficult to prepare for in advance. A Volvo extended warranty will help alleviate the cost of repairs and reduce the stress of anticipating repairs.
Let’s take the Volvo V60 Cross Country 2017 with approximately 62,500 miles on the odometer as an example. If you are looking for the most comprehensive coverage then the DOWC most comprehensive plan at $112 per month could be the perfect fit. For a more moderate coverage level then the DOWC powertrain plus for $69 a month is a fantastic choice. For basic coverage the Omega powertrain for $65 per month is a wonderful option.