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I have about a year left on my factory warranty and was wondering if anyone on here had purchased an extended warranty for one and how much it cost and how good the coverage was. Thanks.
 

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Why not post in the R forums?
 

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I did buy one. University Volvo arranged a group buy discount a couple years back. I think I paid around $2.2k for 7/100K with a $200 deductible. With a new slave cylinder, reverse sensor, and 2 head units, it has paid for itself and I still have 2 years and 40k to go.
 

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Re: (pktojd)

I bought one back when I bought my car 4 years ago. Back then to get it to 7 / 100k was about $2,400 with tax. Now it's well into the $3k range. <p>IMO, at that price it's not really worth it. You'd be better off just putting the money in a 6 month CD or something and earning some $$ on it. Yes, the repairs can get expensive, and yes mine has paid out but I have an '04 and you have an '07 I believe? <p>I would not pay for an aftermarket (i.e. non Volvo VIP) warranty. Too much hassle there, a lot of coverage gaps.
 

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Re: (JAS)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>JAS</b> »</i></TD></TR><TR><TD CLASS="quote">Why not post in the R forums? </TD></TR></TABLE><p>Because it applies to other cars as well despite the title?
 

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Re: (Needsdecaf)

If i was you i would get the extended as everyone i know who owns an R seems to think its more then necessary ! <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/rolleyes.gif" BORDER="0">
 

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Re: Has anyone bought an extended warranty for an R? (waccamatt)

I bought a 60month/100,000mile/$200 deductible stated component VIP. List was $1636, and I paid $950. I am about a $1,000 to the good and will reach the 60 month anniversary with about 95,000 miles on the car. A 72/100/200 listed for $2006. A 60/100/100 listed for $1904.<p>I will clearly run out of miles before I run out of time, but not by much and if I had taken a 72/100 it would have been just the reverse.<p>The question for some thinking is should I have spent another $300 for the $100 deductible and I think not. Its a push between the $300 premium and $300 in additional deductible.<p>My own philosophy is you insure against the catastrophy not ordinary expenses. But MOST importantly, Volvo knows the data a million times better than you and so you are playing the odds, and these are <br>extremely high margin sales, so you have to really bargain to get a good deal.<p>Oh, yes I am speaking of an 04 VR<BR><BR>
<i>Modified by Sausca at 12:42 PM 8-8-2009</i>
 

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Re: (Needsdecaf)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>Needsdecaf</b> »</i></TD></TR><TR><TD CLASS="quote">I bought one back when I bought my car 4 years ago. Back then to get it to 7 / 100k was about $2,400 with tax. Now it's well into the $3k range. <p><br> </TD></TR></TABLE><br>More,<br>Way over 4 grand now for 100K coverage with $50 ded.<br>Don't feel bad, XC90s are over 5 grand! <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/eek.gif" BORDER="0">
 

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Re: (JRL)

Look it at this way, Volvo has a data base on warranty expenses that is complete. There is nothing to know about warranty expenses that Volvo doesn't know. So they price the VIP accordingly. Presuming Volvo wants to make a profit (and I know that is a big assumption), most people will lose money on an extended warranty. So when you buy one, you are betting that your experience will be worse than average. Now when you buy at MSRP you are providing the dealer a margin/gross profit of probably 50%. If you buy at Volvo's selling price to the dealer you are only paying Volvo's profit. So the closer you get to Volvo's selling price the closer you will get to break even, but you will never be ahead from a analytical point of view. But like all "insurance" you are making a bet. Sometimes you win, sometimes you lose. And of course if you have a Haldex failure, you can be a big winner. In any case you have bought some peace of mind. If you come out behind, like most people will, the expense will be so far in the past you won't remember it. Cheers
 

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Re: Has anyone bought an extended warranty for an R? (waccamatt)

I am looking for an answer to the same question. The warranty on my XC70 is about to expire. Can I extend the warranty another 60 miles through Volvo or is it necessary to buy a "3rd Party Plan?"<p>Thank you.
 

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Re: (jdsr917)

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD><i>Quote, originally posted by <b>jdsr917</b> »</i></TD></TR><TR><TD CLASS="quote">If i was you i would get the extended as everyone i know who owns an R seems to think its more then necessary ! <IMG NAME="icon" SRC="http://www.vwvortex.com/vwbb/rolleyes.gif" BORDER="0"> </TD></TR></TABLE><p>I passed. As Decaf mentioned, the VIP is very pricey now and discourages the purchase; especially with the big $$$ surcharges.
 

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Re: (MagoonR)

In the last month of the extended warranty a front strut, fuel pump, and sending unit have been replaced. I consider having bought the VIP a home run.<p>Having said that I bought a extended warranty on a 1991 Buick Reatta Convertible, as wacko a car as there ever was, and collected a grand total of $131.00 on the extended warranty.<p>You win some and you lose some.<p>
 
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