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Volvo Extended Warranty Coverage Options

Understand your coverage plan options for a Volvo extended warranty and how you can get the best plan for your vehicle and driving needs. Read on to discover the differences between your basic factory warranty and an extended warranty, and why getting extended coverage from CARCHEX is a smart option for Volvo owners.

What’s Included in a Volvo Warranty?

When you purchase a new Volvo car from the dealership, the manufacturer’s warranty covers repairs and replacements for most parts of the car during the initial ownership period. Here is what’s included in a typical Volvo factory warranty:

  • Limited Basic Service Warranty (4 years / 50,000 miles)—This warranty covers repairs due to defects in materials or workmanship or parts supplied by Volvo. Essentially, any repairs needed as a result of flaws in the manufacturing process will be covered.
  • Powertrain Warranty (4 years / 50,000 miles)—This warranty covers the car’s major parts like the transmission, engine, and drive system supplied by Volvo.
  • Volvo Lifetime & Parts Labor Warranty—This warranty covers a long list of parts that are covered if installed at an authorized Volvo dealer, such as batteries, brake pads, timing belts, filters, wiper blades, spark plugs, and more. Keep in mind that is doesn’t cover accessories, wear items, or consumables.
  • Corrosion Warranty (12 years / unlimited miles)—This warranty covers your Volvo’s sheet metal if it rusts or corrodes through and creates holes.
  • Emissions Warranties—Depending on your state, these warranties range from 2 years / 24,000 miles to 8 years / 80,000 miles.
  • Manufacturer’s Recommended Maintenance—This warranty covers regular maintenance at the 10,000-mile, 20,000-mile, and 30,000-mile marks.
  • Roadside Assistance Warranty (up to 4 years)—This warranty offers emergency roadside assistance, trip interruption services, and rental cars.

However, after these warranties expire, you will be left to pay the cost of repairs and replacements for your vehicle parts out of pocket. That’s why Volvo and third-party providers like CARCHEX offer extended warranties for Volvos.

Volvo Extended Warranty Plans

A Volvo extended warranty can be purchased at any time, even if your original warranty is still valid. The Volvo dealership refers to their extended limited service contracts as Volvo Increased Protection (VIP) Plans, which are available in four coverage levels up to 6 years / 120,000 miles, whichever comes first.

VIP Plans

VIP Powertrain As its name suggests, this plan covers your Volvo’s powertrain, including the engine, transmission/transaxle/transfer case, drive axle, and additional hybrid/plug-in electric/compressed natural gas/hydrogen components.
VIP Silver This plan covers everything in VIP Powertrain plus steering, brakes, air conditioning, front suspension, electrical, and hybrid/plug-in electric/compressed natural gas/hydrogen components.
VIP Gold The VIP Gold plan includes everything in the lower coverage levels plus additional powertrain, steering, brakes, air conditioning, front suspension, electrical, and hybrid/plug-in electric/compressed natural gas/hydrogen components.
VIP Platinum This is the most comprehensive plan and includes everything covered in the lower levels, plus additional components. It’s exclusionary (or bumper-to-bumper) coverage with a short list of exceptions. Maintenance is also excluded.

If you own a Certified by Volvo vehicle (their version of a certified pre-owned, or CPO, program), the VIP has a couple of key differences:

  • Deductibles range from $0 to $100.
  • Terms up to 10 years are available through the VIP Platinum plan.

What’s the Volvo Extended Warranty USA Cost?

The cost of a Volvo extended warranty from the dealer is determined by:

  • The vehicle’s model, age, and mileage
  • Your deductible, which can range from $0 to $250
  • The coverage level you select

An older car with higher mileage is probably more expensive to cover, since it’s more likely to need repairs. Also, a higher coverage level is going to be more expensive.

Keep in mind that if you finance your extended car warranty through the dealership, it could be rolled in with your car payments. That means you could be paying interest on your extended warranty, which won’t be with the case with CARCHEX.

Volvo Extended Warranty Quick Facts

  • Limited Warranty: 4 years / 50,000 miles
  • Extended Warranty: Volvo Increased Protection (VIP) Plans in Platinum, Gold, Silver, or Powertrain
  • Eligible Volvo Models: Volvo V90, XC40, XC60, V60, S60, S90 Hybrid, and more
  • Deductible: $0 to $250 (new) or $0 to $100 (CPO)
  • Transferable: Certified by Volvo warranty is transferable

Is an Extended Warranty Worth It?

While Volvo are considered to be some of the safest and most reliable cars, like all vehicles, they still experience an array of problems, especially as they age. Here are some common issues that Volvo owners experience and the average cost of repair:

  • Alternator Repair—The alternator is essential to powering your vehicle. To repair it, you will have to spend $296.41 to $393.01.
  • Timing Belt Replacement—Without a properly functioning timing belt, your engine will not run. The average cost to replace a timing belt is between $584.47 and $627.47.
  • Power Steering Pump Replacement—Power steering is an important component of your vehicle and can cause safety issues if the steering wheel is slow to respond or feels stiff. The average cost of replacing your power steering pump is anywhere between $573.96 and $583.96.
  • Transmission Replacement—A transmission is essential in getting your car to run. Many Volvo owners complained that the transmission failed. A replacement can cost $3,500 to $4,000.

While four years may seem like a long time to be covered, keep in mind that more repairs will be needed as vehicles age and experience wear and tear.

Your factory warranty period will eventually end, and you’ll be stuck paying for numerous repairs that cost hundreds, if not thousands, of dollars if you’re not covered by an extended warranty.

CARCHEX Volvo Extended Warranty Benefits

When you purchase your Volvo extended warranty from CARCHEX, you get access to these excellent benefits that are more affordable and flexible than what you’d get from the dealer:

  • Free Direct Quote—Get a quote quickly and easily and speak to a warranty specialist about coverage options right away.
  • Great Customer Service—Our promise to you is Customer Experience Above All, so we provide you with the information necessary to pick the best warranty. In fact, we boast an A+ rating from the Better Business Bureau.
  • Affordable Payment Plans—Our plans don’t have a deductible, and we offer low monthly payments, so our customers don’t have to worry about being able to afford hefty lump sums.
  • Direct Payments—Instead of you footing the bill and waiting for reimbursement, CARCHEX pays your selected auto shop up front.
  • Your Own Repair Facility—Instead of being limited to the Volvo dealership to repair your car, you have the flexibility to choose your repair facility, mechanic, and parts.
  • No-Haggle, Low-Price, Everyday Guarantee™—We promise to give you the lowest price up front instead of making you haggle over the phone.
  • Extended Auto Warranty Benefits—CARCHEX offers extras like 24/7 emergency roadside assistance, rental car coverage, and towing services. Ask your customer service representative about how you can get these benefits with your coverage.
  • 30-Day Money Back Guarantee—We back our product and services with a customer satisfaction guarantee.
Why CARCHEX? Icons

Get an Extended Vehicle Protection Plan with CARCHEX

We believe in giving plenty of options to our customers, so we offer five different levels of Vehicle Protection Plans: Titanium, Platinum, Gold, Silver and Bronze. Within each level, you have the opportunity to customize your extended coverage plan for your Volvo.

From the Bronze Coverage plan that protects you from the most common and expensive repairs to the Titanium Coverage plan that provides the maximum amount of protection for your car, CARCHEX provides you with a number of options to fit your needs.

Each plan is backed by an industry leader. Because these providers are all competing for your business, CARCHEX is able to secure you an affordable price.

CARCHEX Vehicle Protection Plans

Get Your Volvo Extended Warranty Today

When you call CARCHEX, you’ll receive a quote that’s tailored to your Volvo’s model and age, as well as your driving habits and plans for the vehicle. To get your easy-access quote on a Volvo extended warranty and get answers to your questions, speak to one of our CARCHEX warranty specialists today by calling 866-261-3457.

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Sources:

Volvo: https://volvo.custhelp.com/app/answers/detail/a_id/9411

Volvo: http://esd.volvocars.com/local/us/2016-Volvo-Warranty-Manual-v1.pdf

Volvo: http://volvo.custhelp.com/app/answers/detail/a_id/8945/~/volvo-increased-protection-plans-(vip)\

Volvo: http://volvo.custhelp.com/app/answers/detail/a_id/10219

YourMechanic: https://www.yourmechanic.com/estimates/volvo/v40/alternator-replacement 

YourMechanic: https://www.yourmechanic.com/estimates/volvo/v40/timing-belt-replacement

YourMechanic: https://www.yourmechanic.com/estimates/volvo/v40/power-steering-pump-replacement

CarCompliants.com: https://www.carcomplaints.com/Volvo/

BBB: https://www.bbb.org/us/md/hunt-valley/profile/extended-warranty-contract-service-companies/carchex-0011-23015869

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We proudly offer the CARCHEX No-Haggle, Lowest Price Everyday Guarantee™ for all of our auto warranty and car inspection programs.
Consistent with consumers’ understandings and expectations of the market in which CARCHEX operates, CARCHEX uses the terms “warranty”; “extended warranty”, “extended auto warranty”, “extended service protection plan” and similar terms to describe the more technical term “vehicle service contracts”. For more information, see this FTC link or learn more here or by reviewing CARCHEX’s website.
CARCHEX markets and sells extended warranties on behalf of third party extended warranty providers, and your extended warranty will be between you and the provider. This website site is intended solely for the purpose of providing general information regarding the purchase of extended warranties. Specific contract terms, rates, taxes, fees and other charges are determined upon validation of vehicle information and acceptance by the extended warranty provider, for which CARCHEX is not responsible. Extended warranties may not be sold where prohibited by law.
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