New XC70: extended warranty questions
I've only owned Swedish cars and know going into my next one that with considerable attention and expense they'll provide an enjoyable and practical driving experience for a long time. I currently own a V50 but for a variety of reasons, expect to outgrow it within 18 months.
I'm just about to pull the trigger on a loaded 2009 XC70 T6. This will likely be my last fuel car and I would like to keep it at least 6-7 years.
So I'm looking at extended warranties. I've never had one before, so if anyone has some thoughts on how I should approach the extended warranty, I'd really appreciate it.
I'm getting the following quotes for Volvo's warranties:
$0 deductible, 7 years / 75,000 miles : $3,500
$100 deductible, 7 years / 75,000 miles : $3127
And this quotes on a GE warranty offered by the dealer
$50 deductible, 7 years / 75,000 miles: $2134
The broker I'm using is getting more information on both warranties but figured I'd ask here as well:
Some questions (but please feel free to offer any advice/experience you have, particularly if you've had a GE warranty before):
-Are these decent prices on extended warranties?
-Do the warranties get more expensive if I purchase them later (before 15k miles)? Would there be any reason to buy it up front?
-If I get a Volvo warranty, do I have to do all service at a Volvo dealer or just the scheduled maintenance?
-What questions should I ask/things should I look for when I get more information on the warranty? What parts shoudl I be absolutely sure are covered?
I'm operating under the somewhat naive and completely unfounded hope that the 08/09 models will be a little more reliable than the previous ones but will still require some major maintenance given the amount of time I expect to keep the car.
Thanks.
I've only owned Swedish cars and know going into my next one that with considerable attention and expense they'll provide an enjoyable and practical driving experience for a long time. I currently own a V50 but for a variety of reasons, expect to outgrow it within 18 months.
I'm just about to pull the trigger on a loaded 2009 XC70 T6. This will likely be my last fuel car and I would like to keep it at least 6-7 years.
So I'm looking at extended warranties. I've never had one before, so if anyone has some thoughts on how I should approach the extended warranty, I'd really appreciate it.
I'm getting the following quotes for Volvo's warranties:
$0 deductible, 7 years / 75,000 miles : $3,500
$100 deductible, 7 years / 75,000 miles : $3127
And this quotes on a GE warranty offered by the dealer
$50 deductible, 7 years / 75,000 miles: $2134
The broker I'm using is getting more information on both warranties but figured I'd ask here as well:
Some questions (but please feel free to offer any advice/experience you have, particularly if you've had a GE warranty before):
-Are these decent prices on extended warranties?
-Do the warranties get more expensive if I purchase them later (before 15k miles)? Would there be any reason to buy it up front?
-If I get a Volvo warranty, do I have to do all service at a Volvo dealer or just the scheduled maintenance?
-What questions should I ask/things should I look for when I get more information on the warranty? What parts shoudl I be absolutely sure are covered?
I'm operating under the somewhat naive and completely unfounded hope that the 08/09 models will be a little more reliable than the previous ones but will still require some major maintenance given the amount of time I expect to keep the car.
Thanks.
