Volvo Extended Warranty
Hello, my name is Nate Waterfalls and I will try to help you answer the question "Do I need a Volvo extended warranty or mechanical breakdown protection?" Here is what I will cover in this short article:
- Volvo History
- Volvo Warranties
- Volvo Reliability
- Do I Need Extended Warranty Protection?
- Options for Volvo Extended Protection
Volvo, is widely known for its high scores in crash testing. The Swedish manufacturer has been recognized for many years as the benchmark in safety and functionality. Volvo also maufacturers heavy-duty diesel vehicles worldwide. Founded more than 80 years ago, Volvo continues to build safe, high-quality vehicles.
Volvo was acquired by Ford in 1999. There is a pending deal for Ford to sell Volvo Cars to a Chinese company known as Geely. Roughly only 30% of Volvo's sales are in the North American car market, the majority of its sales coming from Europe.
CEO Allan Mullally took leadership of Ford Motor Company on September 5,2006. He is focused on reshaping and restrategizing. After a three-year drought, Volvo saw its first successful year in 2009.
Volvo offers their Safe + Secure Coverage plan that gives you five years of ownership at next to no cost on all 2009, 2010 and 2011 models.
- 5/60,000 Mile Year Warranty
- 5 Year Wear and Tear Coverage
- 5 year Complimentary Factory Scheduled Maintenance
- 5 Year/Unlimited Miles Roadside Assistance
For complete Volvo warranty information click here.
Drivers of the current selection of Volvo vehicles share similar complaints in several areas. The following are a few issues that plague several different Volvo models:
- Water leaks
- Engine noises
- Dashboard indicator malfunctions
One model in particular, the XC90, is extremely notorious for quite a few engine and transmission failure problems. Owners of these vehicles will usually tell you they regret their purchase due to the substantial number of issues.
According to J.D. Power and Associates, Volvo has been improving their quality standing over the last few years. This should also weigh in to new and prospective Volvo owners alongside other customer testimonials.
Before making any decision, research your specific model and year to ensure reliability. Certain cars are known to be unreliable, making the extended protection decision a no-brainer. Check out the the U.S News and World Report for current reliability ratings.
Another easy to find out about a product's reliability in the age of the Internet is to check with a community of people that have the same product. People in these groups tend to be very outspoken. In the case of automobiles one such community is Edmunds.com.
Use the links below to research your specific model for known problems.
Here's another great resource to check the reliability record of your used vehicle.
Do I Need Volvo Extended Warranty Protection?
Choosing to purchase extended coverage for your Volvo is ultimately a personal decision. However, here are some things to consider:
- The age and mileage of your Volvo
- The reliability record of your particular Volvo model
- How many miles you drive
- How long you plan to own your Volvo
- Your risk tolerance
- Your financial ability to pay for unexpected repairs
Here are two additional resources to help determine if extended coverage is right for you:
Here is another consideration. There are a limited number of Volvo dealerships in the U.S. in comparison to other major vehicle brands and this number is expected to slip with the sale of the company. For this reason, finding a trustworthy and reliable mechanic close to home may be something important to consider for Volvo owners.
For additional information on determining your need for mechanical breakdown protection please review the following pages:
Options for Volvo Extended Protection
You have two basic choices when it comes to extended protection for your Volvo.
- Volvo Extended Warranty
- Third Party Mechanical Breakdown Protection Plan
The extended Volvo warranty is only offered by the manufacturer and is usually sold through the dealership. A mechanical breakdown protection plan may be purchased from a third party company. The main difference between the two options is that the mechanical breakdown protection plan lets you have your service done at any authorized automobile repair facility. The Volvo extended warranty requires that you service your vehicle at the dealer.
The Volvo extended warranty is a solid choice but a mechanical breakdown protection plan from a reputable third party my serve you best if you need the flexibility of choosing your own service locations.
autoPOM! backed and administered by Mercury can provide you with repair service comparable to the manufacturer's extended warranty. Not surprising, autoPOM! pricing is far less than dealer pricing and offers the flexibility of allowing you to choose the repair facility that you're most comfortable with.