volvo extended warranty

Is the Volvo Extended Warranty Worth It?

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The Volvo extended warranty can cover up to seven additional years or 150,000 miles.

Featured Extended Warranty Companies

We reviewed the best extended auto warranty providers, and here are our top picks.

Best Overall Warranty Provider

4.6

  • Coverage:: 6 plan options, from routine maintenance to full coverage
  • Cost:: Several discounts available
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Affordable Monthly Payment

4.5

  • Coverage:: 6 plan options, some that last up to 300,000 miles
  • Cost:: Flexible month-to-month contracts
  • Reputation:: Most popular warranty provider
Best Warranty Provider for Used Cars

4.4

  • Coverage:: 6 plan options, the highest similar to a manufacturer’s warranty
  • Cost:: No down payment required
  • Reputation:: Strong BBB (Better Business Bureau) rating
  • Volvo’s extended warranty comes in three varieties and can cover up to 150,000 miles.
  • All coverage levels include extras like towing services, rental car coverage, and travel expense reimbursement.
  • You can also get extended auto warranties from third-party providers, which usually offer more flexible coverage options.

Known for their safety features and aesthetics, Volvo vehicles impress many drivers on the road today. The Volvo extended warranty covers a range of repairs so drivers can have peace of mind and enjoy their vehicles in the long run. Because Volvos have average reliability ratings, an extended auto warranty can be a worthwhile investment.

Beyond Volvo, third-party extended warranty providers offer additional coverage options and plan terms. We’ve reviewed the best extended car warranty providers and rated them in categories like customer service, cost, and industry reputation. There are several reputable companies, so we recommend getting multiple free quotes to find the best deal. You can start with our top recommended providers above. 

Volvo Extended Warranty Overview

Volvo Extended Warranty Coverage Terms
Powertrain 7 additional years of coverage/150,000 miles
Gold 7 additional years of coverage/150,000 miles
Platinum 7 additional years of coverage/150,000 miles

Volvo offers three Volvo Increased Protection (VIP) plans: Platinum, Gold, and Powertrain. These Volvo extended warranty plans can cover an additional seven years or 150,000 miles. Since Volvo’s original warranty lasts for four years, the longest VIP plan would expire at 11 years or 150,000 miles. Compared to plans from other manufacturers, Volvo’s plans are significantly longer than average.

Volvo Extended Warranty Coverage

Here’s what each Volvo extended warranty covers: 

Powertrain VIP Gold VIP Platinum VIP
Engine x x x
Cooling x x x
Transmission x x x
Drive Axle x x x
Hybrid Components x x x
Steering x x
Brakes x x
Air Conditioning x x
Front and Rear Suspension x x
Electrical x x
Exclusionary Coverage x

Volvo Extended Warranty Plans

Next we’ll take a closer look at each of the Volvo VIP plans.

Volvo Platinum Extended Warranty

The Platinum warranty is almost the same as Volvo’s new vehicle warranty. The plan is an exclusionary contract, which means it covers any mechanical breakdown except for a list of exclusions. This type of contract is also called a bumper-to-bumper warranty because it covers defects in materials and workmanship in the whole car.

Volvo Gold Extended Warranty

The Gold Volvo extended warranty is a good option if you want to save some money but cover a wide range of systems. Important parts in the air conditioning, electrical, steering, and brake systems are covered under this contract.

Volvo Powertrain Extended Warranty

The Powertrain warranty covers the engine, transmission, drive axle, and hybrid powertrain components. These are the parts that propel your car forward and that can be very expensive to fix.

Volvo Protection Plan Exclusions

The systems listed above don’t cover every part or component. While the Platinum plan offers comprehensive coverage, there are parts and situations excluded from the plan. Here are a few examples:  

  • Glass
  • Air bags
  • Alignments 
  • Standard batteries
  • Catalytic converters
  • Body parts and panels
  • Solar-powered devices
  • Brake drums, pads, and rotors
  • Wear-and-tear items like hoses and filters
  • Damage from lack of maintenance or environmental events

Volvo encourages drivers to visit dealerships for repairs. If you can’t make it to a Volvo dealer, you can call the extended service contract administrator to find other authorized repair service centers. The administrator may deny a repair if you don’t call ahead and find the right shop. 

Volvo Extended Warranty Roadside Assistance (and Other Benefits)

The Volvo extended warranty also offers a few advantages. All coverage plans include the following perks for covered repairs:

  • Towing coverage up to $100 per occurrence
  • Trip interruption up to $100 per day (maximum five days)
  • Alternate transportation coverage up to $40 per day (maximum 10 days)
  • Roadside assistance, which includes flat tire services, lockout services, battery jump-starts, and fuel deliveries

Vehicle protection plans are transferable to secondary drivers for a $40 fee. You can cancel a Volvo extended warranty within 30 days for a full refund at no additional cost, and if you cancel between 30 and 60 days, you’ll pay a $50 fee. After 60 days, you can cancel for a prorated refund based on time, mileage, and repairs paid. 

When Can I Buy a Volvo Extended Warranty?

You can buy a Volvo extended warranty from a dealership in your area or through dealers that support online sales. Your vehicle is eligible as long as it is within the maximum coverage period of 11 years or 150,000 miles. Most auto brands require you to purchase a plan before the factory warranty expires, so Volvo gives drivers more flexibility in this aspect. 

Volvo Reliability

Volvo regularly wins awards for safety, but the brand is not known for reliability. However, this is not to say Volvo cars don’t last a long time. They just require a larger investment in repairs and maintenance. According to RepairPal, a trusted cost-estimation site, Volvo owners pay $769 per year on average for maintenance and repairs, which is more expensive than the industry average of $652. 

RepairPal rates Volvo 3.5 out of 5.0 stars, ranking it 17th in reliability compared to 32 other brands. However, Volvo drivers are slightly less likely to encounter severe repairs than drivers of other brands. Volvos only have a 9% chance of a severe repair while the industry average stands at 12%.

Volvo Repair Costs

Here are some problems commonly reported by Volvo drivers along with their estimated costs (via RepairPal): 

Volvo Model Repair Estimated Cost
Volvo S60 Powertrain control module replacement $1,106 to $1,129
Volvo XC70 Radiator fan assembly replacement $800 to $857
Volvo XC70 Air conditioning line replacement $731 to $754
Volvo S60 Timing belt tensioner replacement $424 to $535

List of most expensive car parts and their average replacement price ranges from RepairPal

Volvo Factory Warranty

You generally won’t encounter higher repair costs until your original manufacturer warranty expires. All new Volvo vehicles come with four years or 50,000 miles of bumper-to-bumper warranty coverage and powertrain warranty coverage. For certified pre-owned (CPO) Volvos, the manufacturer provides five years of exclusionary warranty coverage without a mileage limit.

Volvo Extended Warranty Cost

All Volvo extended warranties come with a choice of a $0, $100, or $250 deductible. You can purchase a plan when you buy a vehicle or anytime within the coverage zone (10 years or 120,000 miles). If you finance your plan with your vehicle loan, you’ll pay more in interest over the long term.

Volvo Protection Plan Quotes

Our team received quotes for three VIP plans extending five years or 60,000 miles for a 2017 Volvo XC90 with 50,000 miles. The prices below are all for the same term length. Keep in mind, this quote was from a dealership website and prices can vary between dealerships.

Deductible Platinum VIP Gold VIP Powertrain VIP
$0 $6,486 $4,286 $2,707
$100 $4,818 $3,373 $2,420
$250 $4,207 $3,035 $2,287

Overall, these prices are somewhat higher than the industry average. For drivers interested in the Volvo extended warranty, choosing a $100 deductible can save you a significant amount of money.

How Much Should You Pay for an Extended Car Warranty?

We’ve compared numerous extended warranty quotes from leading providers. We found the average plan costs $2,601, and prices range from about $1,300 to $4,600. A long-term bumper-to-bumper plan can be expensive, but you shouldn’t have to pay $6,486 like the quote we received for the Volvo above.  

Is a Volvo Extended Warranty Worth It?

So, is the Volvo extended warranty worth it? Volvo’s VIP plans can be worth it if you live close to a dealership and don’t mind paying slightly more for than the market average for extended warranty coverage. However, if you want flexibility in where you can go for repairs, or if you want a longer coverage term, we suggest going with a reputable third-party provider. 

Volvo vehicles are not the most reliable vehicles either, as evidenced by Volvo’s rank as the 23rd most reliable manufacturer out of 32 automaker brands in the J.D. Power 2023 U.S. Vehicle Dependability StudySM. This could mean a greater chance of mechanical problems down the road, which are worth considering when you weight the costs of a warranty vs. the out-pocket-costs of repairs.

Comparison tables that showcase the major differences between extended warranties from manufactuers vs. third-party vehicle service contract companies

Volvo Extended Warranty vs. Third-Party Providers

As we mentioned above, you have many more options for extended auto warranty coverage beyond dealership plans. It’s good to know the advantages of a third-party plan when you’re shopping around. For example, most third-party extended warranties are more affordable than dealer-backed plans. 

Leading warranty companies allow you to go to any licensed repair facility so that you can choose your shop and mechanic. You aren’t required to go to a Volvo dealership for covered repairs, but the option is available.

Also, warranty companies usually offer better coverage options. Volvo’s extended warranty lasts up to 150,000 miles, but other providers can cover vehicles up to 200,000 or even 250,000 miles. Volvos are built for strength, and many last well beyond the 200,000-mile mark. Third-party vehicle service contracts typically come with several plan perks like roadside assistance and rental car coverage, too. 

Volvo Extended Warranty: Conclusion

At the end of the day, Volvo offers decent warranty options that can last up to seven more years or 150,000 miles on the odometer. That said, other warranty providers offer different types of coverage that could work for you too. When you shop around, it’s best to compare reputable extended car warranty companies with plans from Volvo. You can get free, no-obligation quotes from leading extended warranty providers below.

Featured Extended Warranty Companies

We reviewed the best extended auto warranty providers, and here are our top picks.

Best Overall Warranty Provider

4.6

  • Coverage:: 6 plan options, from routine maintenance to full coverage
  • Cost:: Several discounts available
  • Reputation:: Smooth claims experience as a direct provider
Affordable Monthly Payment

4.5

  • Coverage:: 6 plan options, some that last up to 300,000 miles
  • Cost:: Flexible month-to-month contracts
  • Reputation:: Most popular warranty provider
Best Warranty Provider for Used Cars

4.4

  • Coverage:: 6 plan options, the highest similar to a manufacturer’s warranty
  • Cost:: No down payment required
  • Reputation:: Strong BBB (Better Business Bureau) rating

Is it worth getting an extended warranty on a Volvo?

Volvos tend to have higher repair costs as they age, so it can be worth getting an extended warranty to cover a Volvo. Volvos also fall below the industry average for mechanical reliability, according to certain J.D. Power studies. A Volvo extended warranty can potentially cover expensive repairs.

What is covered under the Volvo extended warranty?

Volvo offers three extended warranty options that can cover an additional seven years on top of the four-year factory warranty or up to 150,000 miles on the odometer. The Platinum plan can cover almost any breakdown, the Gold plan covers most major systems, and the Powertrain plan covers basic components like the engine and transmission.

What is not covered under the Volvo extended warranty?

Volvo’s Platinum plan excludes things like wear and tear, glass, body panels, damage from lack of maintenance, and more. The Gold and Powertrain plans don’t cover anything that isn’t explicitly listed on the contract.

Our Methodology

Our expert review team takes satisfaction in providing accurate and unbiased information. We identified the following rating categories based on consumer survey data and conducted extensive research to formulate rankings of the best extended auto warranty providers.

  • Industry Standing: Our team considers Better Business Bureau (BBB) ratings, availability, and years in business when giving this score.
  • Coverage: Because each consumer has unique needs, it’s essential that a car warranty company offers an array of coverage options. We take into account the number of plans offered by each provider, term limits, exclusions, and additional benefits.
  • Affordability: A variety of factors influence cost, so it can be difficult to compare quotes between providers. Our team performs ongoing secret shopper analyses for different vehicles, mileages, warranty plans, and locations to give this rating.
  • Transparency: We consider the transparency of each company’s contracts and the availability of a money-back guarantee when determining this score.
  • Customer Service: Reputable extended car warranty companies operate with a certain degree of care for consumers. We take into account customer reviews, BBB complaints, and the responsiveness of the customer service team.

*Data accurate at time of publication.