Volvo Extended Warranty: Coverage And Terms
The Volvo extended warranty covers up to 11 years/150,000 miles and comes with three coverage levels: Platinum, Gold, and Powertrain protection.
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Motor1 Reviews Team Take:
- Volvo offers long extended warranty coverage compared to other manufacturers.
- Volvo’s three plans include a factory-level Platinum plan that covers almost any mechanical breakdown.
- You can get extended coverage after Volvo’s warranty expires from third-party providers.
If you recently bought a Volvo or are planning to buy one, you may already be familiar with the term “extended warranty.” Also known as vehicle protection plans, the Volvo extended warranty plans offer peace of mind by covering expensive repairs after the original factory warranty expires. Most dealers offer extended warranties at the time of purchase of a new vehicle, but you have to remember that’s not your only option.
We understand choosing your Volvo extended warranty provider is not a decision that you take lightly, so we conducted extensive research on the best extended warranty providers for Volvo. After all, when you buy a Volvo, you would like to be able to drive it for a long time without busting your budget on repairs.
When shopping for extended warranties, the best thing to do is call around and get quotes customized to your vehicle. That way, you can compare each company’s prices and get a feel for customer service. Get a free quote from our top three providers below:
Volvo Extended Warranty Coverage
A Volvo Increased Protection (VIP) Extended Warranty plan is a customizable service contract that covers unexpected expenses after the standard warranty expires. As with most extended warranties offered by dealers, the VIP will not cover damages due to accident, theft, fire, natural calamities, negligence, or improper maintenance.
Volvo offers three levels of coverage – Platinum, Gold, and Powertrain – and depending on the model and mileage of your vehicle, you can get up to an additional 7 years or 150,000 miles of protection. Since the factory warranty lasts for 4 years/50,000 miles, you can get up to 11 years of total coverage with the Volve extended warranty.
Compared to other providers, Volvo’s plan is one of the longest on the market. Many manufacturer extended warranties last between 8 to 10 years and 100,000 to 150,000 miles.
Volvo Extended Warranty Plans
| Extended Warranty Cost | Percent of Survey Respondents |
|---|---|
| Under $1,000 | 15% |
| $1,000 to $2,000 | 20% |
| $2,000 to $3,000 | 25% |
| $3,000 to $4,000 | 30% |
| $4,000 to $5,000 | 5% |
| Over $5,000 | 5% |
- The Platinum plan provides the most coverage and is an exclusionary plan with certain listed limitations or exclusions such as brake drums and rotors, brake linings, airbags, glass, safety restraint systems, etc.
- The Gold plan is a stated component coverage plan providing protection for the major powertrain components as well as other systems such as cooling, electrical, steering, air conditioning, brakes, and suspension to mention a few.
- The Powertrain plan provides protection against engine, transmission, and drive system problems.
Below is a comparison between what each plan covers:
| Platinum | Gold | Powertrain | |
|---|---|---|---|
| Engine | ✓ | ✓ | ✓ |
| Transmission | ✓ | ✓ | ✓ |
| Drive axle | ✓ | ✓ | ✓ |
| Hybrid components | ✓ | ✓ | ✓ |
| Cooling | ✓ | ✓ | |
| Steering | ✓ | ✓ | |
| Brakes | ✓ | ✓ | |
| Air conditioning | ✓ | ✓ | |
| Suspension | ✓ | ✓ | |
| Electrical | ✓ | ✓ | |
| Exclusionary coverage | ✓ |
Volvo Extended Warranty Benefits
All three plans come with additional benefits such as alternate transportation (up to $40 per day for 10 days per covered repair), towing coverage (up to $100 per occurrence), travel coverage if you are more than 100 miles from home ($100 per day for up to 5 days), fluids coverage, and transferability to a subsequent owner ($40 fee).
Note that Volvo’s plans don’t come with full roadside assistance, just towing. Many other manufacturers offer roadside assistance on their plans.
Volvo also has an extended warranty plan or a Vehicle Service Contract for Certified Used Volvo cars. The coverage will be limited, depending on the make, model, and mileage of the vehicle, and will start from the original service date. The deductible may range from $0 to $200.
When And Where Can I Buy Volvo’s Extended Warranty?
You may choose to buy your Volvo VIP plan when you purchase the car or later. The coverage starts from the date of purchase of contract and is accepted at all authorized Volvo dealers across the U.S. and Canada. Keep in mind you may get a better deal on your Volvo extended warranty price if you purchase sooner, as the car’s mileage and age will be lower.
If you decide to buy the extended Volvo warranty from the dealer at the time of purchase of the new vehicle, you could roll the cost into your auto loan. But this way, you end up paying interest on it, which could make the warranty more expensive than it should be.
Volvo Extended Warranty Cost
Your Volvo extended warranty cost depends on the plan you choose, your Volvo model, age, and mileage, and your deductible. Deductibles range from $0 to $250. Generally, the lower the deductible, the more expensive the plan.
In 2024, we surveyed 220 vehicle owners from high-income households nationwide who had purchased a luxury manufacturer extended warranty. Volvo was included in the survey and had 20 respondents. Most Volvo owners reported paying between $1,000 and $4,000 for their extended warranties. Below are the full results for this question:
| Extended Warranty Cost | Percent of Survey Respondents |
|---|---|
| Under $1,000 | 15% |
| $1,000 to $2,000 | 20% |
| $2,000 to $3,000 | 25% |
| $3,000 to $4,000 | 30% |
| $4,000 to $5,000 | 5% |
| Over $5,000 | 5% |
Is A Volvo Extended Warranty Worth It?
With proper maintenance, your Volvo can last a long time. But like any other vehicle, they’re not immune from breakdowns, and the factory warranty only covers you for up to 50,000 miles. A Volvo extended warranty kicks in after the factory warranty has expired to ensure you’re covered when an unexpected, major car repair falls into your lap.
In addition, a transferable Volvo extended service contract could also improve your car value and make your car more appealing to a buyer.
Volvo Factory Warranty
When you purchase a new Volvo vehicle, it typically comes with the following manufacturer warranties:
- Limited Basic Warranty (4 years/50,000 miles): Covers all repairs caused by defects in material or workmanship, including parts and labor, as well as battery and powertrain coverage.
- Corrosion Warranty (12 years/unlimited miles): Covers the body sheet metal of your Volvo if it corrodes or rusts through.
- Emissions Warranty (2 years/24,000 miles to 8 years/80,000 miles): Covers emissions control parts like the catalytic converter.
- Scheduled Maintenance (3 years/36,000 miles): Covers services at the 10,000-mile, 20,000-mile, and 30,000-mile marks.
- Adjustments (1 year/12,000 miles): Covers refinements to original factory fittings and alignments.
- Roadside Assistance (4 years/unlimited miles): Covers Volvo On Call customer assistance.
While the Volvo factory warranty provides comprehensive coverage for the first few years of car ownership, any repairs after that will fall solely on your shoulders. If you plan to keep your Volvo for a long time, an extended warranty could be very helpful.
What Volvo Owners Think
In our 2024 luxury manufacturer warranty survey, we asked respondents about their satisfaction with their warranty coverage. Most Volvo owners were satisfied with their extended warranties. Here are some of their thoughts:
- “I am actually very satisfied and have had no issues, but it’s very nice knowing if something goes wrong I’m covered. It’s a nice, relaxing feeling.”
- “I’m very satisfied. Getting service under warranty was very easy, and it was reasonably priced.”
- “Overall it helped to extend the initial warranty and covered several major repairs that happened when mileage got higher from use.”
Volvo Repair Costs
According to the repair and maintenance experts at RepairPal, Volvo cars rank 17 out of 32 car brands in reliability, scoring an above-average rating of 3.5 out of 5.0. However, they also cost above average to fix.
A Volvo vehicle’s average annual repair costs tend to be on the high side at $769 with the owner making 0.5 visits to a repair shop in a year. Volvo’s cost is higher than the national average of $652 per year. To help you understand how much you can expect to save by purchasing an extended warranty for your Volvo, our team put together this table of a few common Volvo repairs and price estimates.
Vehicle Repair Costs
| Model | Repair | Cost |
|---|---|---|
| Volvo 240 | Mass airflow sensor replacement | $233-$689 |
| Volvo 850 | Fuel pump replacement | $351-$552 |
| Volvo 850 | AC evaporator replacement | $1,498-$1,712 |
| Volvo 960 | Exhaust manifold gasket replacement | $200-$249 |
Most major car repairs happen after the car ages, and by this time, the factory warranty has already expired. The cost of an extended car warranty can certainly be worth it. If you don’t want to pay for these expensive repairs out of pocket and would prefer the convenience and confidence of a Volvo extended warranty, read on.
We asked the Director of Marketing at Endurance, Jessica Campbell, about common repairs the company handles. Here’s what she said:
“Transmissions are the most common repair claim, followed by water pumps. Repair costs can vary widely depending on several factors, including vehicle type, model, age, and the complexity of the individual repair.”
Benefits Of A Third-Party Extended Warranty Provider
As a Volvo owner, your options for extended warranty coverage are not limited to your dealership. There are several reputable third-party providers that provide affordable and flexible extended warranties for Volvo vehicles.
Having done our homework on the top third-party auto warranty companies, we think some of the major benefits of buying extended Volvo protection from these providers are as follows.
- They are more affordable. Increased competition among third-party providers translates to lower costs for consumers. Third-party extended warranties are often more affordably priced than dealer warranties and may also include flexible payment terms.
- You have the freedom to choose your repair center. A dealer-backed Volvo extended warranty limits you to taking your vehicle only to authorized brand dealerships, which can be a problem if you have to drive two hours to reach the nearest location. With a third-party warranty, you can choose your favorite mechanic or repair center from thousands of licensed repair shops across the country.
- They provide longer coverage. Volvo’s extended warranty plan lasts up to 150,000 miles, while third-party providers can cover up to 250,000 or even 300,000 depending on the company.
- They offer additional perks. Third-party extended warranty companies offer more additional benefits like 24/7 emergency roadside assistance in addition to trip interruption and alternate transportation benefits.
According to our research, extended warranty company, Endurance, stands out in terms of coverage, comprehensiveness, and reputation.
In addition, since the price won’t be rolled into your car payment, you would not pay interest on the total amount.
Volvo Extended Warranty vs. Third-Party
Our table compares the Volvo Extended Warranty to some of our favorite third-party extended warranty providers.
| Volvo Extended Warranty | Endurance | Carchex | CarShield | |
|---|---|---|---|---|
| Start Date | Anytime | Anytime | Anytime | Anytime |
| Max Length of Coverage | 7 years/150,000 miles | 8 years/200,000+ miles | 10 years/250,000 miles | 10 years/300,000 miles |
| # of Plan Options | 3 | 6 | 5 | 6 |
| Transferable | ✔ | ✔ | ✔ | ✔ |
| Deductible | $0-$250 | $0-$200 | $0-$100 | $0-$200 |
| Trip Interruption | ✔ | ✔ | ✔ | ✔ |
| Roadside Assistance | No | ✔ | ✔ | ✔ |
| Repair Network | Volvo dealers only | ASE-Certified® repair facilities | > 30,000 facilities nationwide | ASE-Certified® repair facilities |
| Cancellation Policy | Refund if within 60 days | Refund if within 30 days | Refund if within 30 days | Refund if within 30 days |
| Availability | From local dealer | Free, instant quote | Free, instant quote | Free, instant quote |
Volvo Extended Warranty: Bottom Line
The Volvo extended warranty can cover up to 150,000 miles, which is a high limit considering other manufacturer extended warranty plans. However, it doesn’t come with roadside assistance and you have to go to a Volvo dealer for repairs. We recommend comparing Volvo’s plans with third-party providers to find the best option.
Volvo Extended Warranty: FAQ
Below are a few frequently asked questions about the Volvo extended warranty.
How much is Volvo's extended warranty?
A Volvo extended warranty varies in cost depending on the length of plan, vehicle, and dealership. Our data shows third-party plans cost about $812 per year of coverage, so you can compare your quotes to this.
Is it worth buying an extended warranty for a Volvo?
Volvos tend to have higher repair costs on average, so it can be worth getting an extended warranty. Compare Volvo’s protection plans to third-party options to find the best deal.
Can I buy an extended warranty on my Volvo?
You can buy a Volvo Increased Protection Plan until the factory warranty of 4 years/50,000 miles expires. You can also get volvo warranty plans from third-party companies after that point.
What does the Volvo Platinum warranty cover?
The Volvo Platinum warranty is an exclusionary plan. It covers any mechanical component except for a list of exclusions like brake pads, glass, upholstery, and trim.
Methodology
In an effort to provide accurate and unbiased information to consumers, our expert review team collects data from dozens of extended auto warranty companies to formulate rankings of the best providers. Companies receive a score in each of the following categories, as well as an overall weighted score out of 5.0 stars.
- Industry Standing: Warranty providers with a history of strong business practices and endorsements from experts receive the highest scores in this category.
- Coverage: This rating is based on types of extended warranty plans available, coverage terms, and added benefits like roadside assistance.
- Cost: Our research team reviews sample quotes for a variety of plans and vehicles. Companies with lower prices per year of coverage receive the best scores.
- Transparency: This score takes into account contract transparency and the availability of a money-back guarantee.
- Customer Service: We comb through customer reviews and perform our own shopper analysis to get a sense of the responsiveness and helpfulness of each warranty company.
*Data accurate at time of publication.
