Discuss Re: Is Volvo's extended warranty on used cars worth it? in the alt.autos.volvo forum at Car Dealer Forums; On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote: > I'm buying a used car from ...

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  #1 (permalink)  
Old 10-06-2007, 03:54 PM
Joe
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Default Re: Is Volvo's extended warranty on used cars worth it?

On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
> I'm buying a used car from volvo that has 42k miles on it and the
> bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
> purchase two extra years to get me to 2012? The extended two years
> come with a $100 deductable - or per repair? Anyone have any
> experience with this warranty? It's $1175, can it be discounted?


the car is a 2004 with 40k miles. The original warranty was 6 years or
100,000 miles

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Old 10-06-2007, 06:02 PM
Stephen Henning
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Default Re: Is Volvo's extended warranty on used cars worth it?

Joe <joe5345@gmail.com> wrote:

> On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
> > I'm buying a used car from volvo that has 42k miles on it and the
> > bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
> > purchase two extra years to get me to 2012? The extended two years
> > come with a $100 deductable - or per repair? Anyone have any
> > experience with this warranty? It's $1175, can it be discounted?

>
> the car is a 2004 with 40k miles. The original warranty was 6 years or
> 100,000 miles


It depends on the model. When a new model is introduced, they sometimes
have a weakness such as the '93 850 had an AT that would fail around
80-120k miles. That was worth guying extended coverage for. In most
cases they actually get more reliable in the big picture but have small
things like belts go bad. The warranty would require dealer service
which you should be getting anyway.

In general when your car is 8 years old it will be worth so much. If
the repairs are less than the value when it is fixed, you can fix it and
sell it and get your money back. If they are more than it is worth, you
are out of luck unless you have extended coverage. To me, $1200 for 2
years is a big gamble and not worth it unless this model has a history
of a major part going bad. If $600 per year is worth it for the peace
of mind and knowing that in 2012 you would have a car that is in good
condition and be able to sell the car and get another one, then go for
it.
--
Cheers, Steve Henning in Reading, PA, USA
Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
The '67,'74,'79,'87,'95 and '01 through European Delivery.
http://rhodyman.net/homevo.html
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Old 10-06-2007, 06:02 PM
Joe
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Default Re: Is Volvo's extended warranty on used cars worth it?

On Oct 6, 11:37 am, Stephen Henning <pigh...@aol.com> wrote:
> Joe <joe5...@gmail.com> wrote:
> > On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
> > > I'm buying a used car from volvo that has 42k miles on it and the
> > > bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
> > > purchase two extra years to get me to 2012? The extended two years
> > > come with a $100 deductable - or per repair? Anyone have any
> > > experience with this warranty? It's $1175, can it be discounted?

>
> > the car is a 2004 with 40k miles. The original warranty was 6 years or
> > 100,000 miles

>
> It depends on the model. When a new model is introduced, they sometimes
> have a weakness such as the '93 850 had an AT that would fail around
> 80-120k miles. That was worth guying extended coverage for. In most
> cases they actually get more reliable in the big picture but have small
> things like belts go bad. The warranty would require dealer service
> which you should be getting anyway.
>
> In general when your car is 8 years old it will be worth so much. If
> the repairs are less than the value when it is fixed, you can fix it and
> sell it and get your money back. If they are more than it is worth, you
> are out of luck unless you have extended coverage. To me, $1200 for 2
> years is a big gamble and not worth it unless this model has a history
> of a major part going bad. If $600 per year is worth it for the peace
> of mind and knowing that in 2012 you would have a car that is in good
> condition and be able to sell the car and get another one, then go for
> it.
> --
> Cheers, Steve Henning in Reading, PA, USA
> Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
> The '67,'74,'79,'87,'95 and '01 through European Delivery.
> http://rhodyman.net/homevo.html


This warranty also covers things like auto locks, power seat motors,
and sun roof motor. Don't those tend to be expensive to fix?

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Old 10-07-2007, 01:52 AM
clay
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Default Re: Is Volvo's extended warranty on used cars worth it?

Joe wrote:
> On Oct 6, 11:37 am, Stephen Henning <pigh...@aol.com> wrote:
>> Joe <joe5...@gmail.com> wrote:
>>> On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
>>>> I'm buying a used car from volvo that has 42k miles on it and the
>>>> bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
>>>> purchase two extra years to get me to 2012? The extended two years
>>>> come with a $100 deductable - or per repair? Anyone have any
>>>> experience with this warranty? It's $1175, can it be discounted?
>>> the car is a 2004 with 40k miles. The original warranty was 6 years or
>>> 100,000 miles

>> It depends on the model. When a new model is introduced, they sometimes
>> have a weakness such as the '93 850 had an AT that would fail around
>> 80-120k miles. That was worth guying extended coverage for. In most
>> cases they actually get more reliable in the big picture but have small
>> things like belts go bad. The warranty would require dealer service
>> which you should be getting anyway.
>>
>> In general when your car is 8 years old it will be worth so much. If
>> the repairs are less than the value when it is fixed, you can fix it and
>> sell it and get your money back. If they are more than it is worth, you
>> are out of luck unless you have extended coverage. To me, $1200 for 2
>> years is a big gamble and not worth it unless this model has a history
>> of a major part going bad. If $600 per year is worth it for the peace
>> of mind and knowing that in 2012 you would have a car that is in good
>> condition and be able to sell the car and get another one, then go for
>> it.
>> --
>> Cheers, Steve Henning in Reading, PA, USA
>> Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
>> The '67,'74,'79,'87,'95 and '01 through European Delivery.
>> http://rhodyman.net/homevo.html

>
> This warranty also covers things like auto locks, power seat motors,
> and sun roof motor. Don't those tend to be expensive to fix?
>


The downside to these insurance policies is you'll have to pay dealer
prices fix the things that are not covered.
Things like belts, gaskets, hoses, rotors, A/C, exhaust, etc.
Read the fine print. Google the things that aren't covered to see if you
can find examples of failures.

In the end, it's just insurance. So the question is, do you feel lucky?
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  #5 (permalink)  
Old 10-07-2007, 04:55 PM
Stephen Henning
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Default Re: Is Volvo's extended warranty on used cars worth it?

Joe <joe5345@gmail.com> wrote:

> This warranty also covers things like auto locks, power seat motors,
> and sun roof motor. Don't those tend to be expensive to fix?


I would never buy a car with a sun roof for this reason. They are great
when they are new but tend to leak or have other problems as the car
ages. Basically they are a bad idea.

I have never seen any problems with auto locks or power seat motors.
Actually most people only use a power seat motor once and leave it
there. Sort of a waste to even have it. Seat heaters are another
story, but most people don't fix them when they fail on a used car.
--
Cheers, Steve Henning in Reading, PA, USA
Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
The '67,'74,'79,'87,'95 and '01 through European Delivery.
http://rhodyman.net/homevo.html
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  #6 (permalink)  
Old 10-07-2007, 09:02 PM
Joe
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Posts: n/a
Default Re: Is Volvo's extended warranty on used cars worth it?

On Oct 6, 8:01 pm, clay <c...@ymation.com> wrote:
> Joe wrote:
> > On Oct 6, 11:37 am, Stephen Henning <pigh...@aol.com> wrote:
> >> Joe <joe5...@gmail.com> wrote:
> >>> On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
> >>>> I'm buying a used car from volvo that has 42k miles on it and the
> >>>> bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
> >>>> purchase two extra years to get me to 2012? The extended two years
> >>>> come with a $100 deductable - or per repair? Anyone have any
> >>>> experience with this warranty? It's $1175, can it be discounted?
> >>> the car is a 2004 with 40k miles. The original warranty was 6 years or
> >>> 100,000 miles
> >> It depends on the model. When a new model is introduced, they sometimes
> >> have a weakness such as the '93 850 had an AT that would fail around
> >> 80-120k miles. That was worth guying extended coverage for. In most
> >> cases they actually get more reliable in the big picture but have small
> >> things like belts go bad. The warranty would require dealer service
> >> which you should be getting anyway.

>
> >> In general when your car is 8 years old it will be worth so much. If
> >> the repairs are less than the value when it is fixed, you can fix it and
> >> sell it and get your money back. If they are more than it is worth, you
> >> are out of luck unless you have extended coverage. To me, $1200 for 2
> >> years is a big gamble and not worth it unless this model has a history
> >> of a major part going bad. If $600 per year is worth it for the peace
> >> of mind and knowing that in 2012 you would have a car that is in good
> >> condition and be able to sell the car and get another one, then go for
> >> it.
> >> --
> >> Cheers, Steve Henning in Reading, PA, USA
> >> Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
> >> The '67,'74,'79,'87,'95 and '01 through European Delivery.
> >> http://rhodyman.net/homevo.html

>
> > This warranty also covers things like auto locks, power seat motors,
> > and sun roof motor. Don't those tend to be expensive to fix?

>
> The downside to these insurance policies is you'll have to pay dealer
> prices fix the things that are not covered.
> Things like belts, gaskets, hoses, rotors, A/C, exhaust, etc.
> Read the fine print. Google the things that aren't covered to see if you
> can find examples of failures.
>
> In the end, it's just insurance. So the question is, do you feel lucky?


Hmmm, they said it's a bumper to bumper warranty. Are you telling me
that if they have to replace the engine I'm going to have to pay
dealer price for the belts and gaskets involved in such a repair? That
sounds pretty shady.

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  #7 (permalink)  
Old 10-08-2007, 02:38 PM
Joe
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Default Re: Is Volvo's extended warranty on used cars worth it?

On Oct 7, 9:59 am, Stephen Henning <pigh...@aol.com> wrote:
> Joe <joe5...@gmail.com> wrote:
> > This warranty also covers things like auto locks, power seat motors,
> > and sun roof motor. Don't those tend to be expensive to fix?

>
> I would never buy a car with a sun roof for this reason. They are great
> when they are new but tend to leak or have other problems as the car
> ages. Basically they are a bad idea.
>
> I have never seen any problems with auto locks or power seat motors.
> Actually most people only use a power seat motor once and leave it
> there. Sort of a waste to even have it. Seat heaters are another
> story, but most people don't fix them when they fail on a used car.
> --
> Cheers, Steve Henning in Reading, PA, USA
> Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
> The '67,'74,'79,'87,'95 and '01 through European Delivery.
> http://rhodyman.net/homevo.html


So Stephen can I mark you down as a "no" on the extended warranty? The
only reason I'm thinking about it is because I've read so much about
Volvo repairs averaging over $1000.

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  #8 (permalink)  
Old 10-08-2007, 04:00 PM
Stephen Henning
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Default Re: Is Volvo's extended warranty on used cars worth it?

Joe <joe5345@gmail.com> wrote:

> So Stephen can I mark you down as a "no" on the extended warranty? The
> only reason I'm thinking about it is because I've read so much about
> Volvo repairs averaging over $1000.


You never said what model you are buying; you just mentioned the make
and year.
--
Cheers, Steve Henning in Reading, PA, USA
Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
The '67,'74,'79,'87,'95 and '01 through European Delivery.
http://rhodyman.net/homevo.html
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  #9 (permalink)  
Old 10-08-2007, 04:00 PM
Stephen Henning
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Default Re: Is Volvo's extended warranty on used cars worth it?

In article <1191785431.471911.41190@v3g2000hsg.googlegroups.c om>,
Joe <joe5345@gmail.com> wrote:

> Hmmm, they said it's a bumper to bumper warranty. Are you telling me
> that if they have to replace the engine I'm going to have to pay
> dealer price for the belts and gaskets involved in such a repair? That
> sounds pretty shady.


Most bumper to bumper warranties do not replace normal wear items. Most
engines do not come with normal wear items such as belts, oil and
filters.
--
Cheers, Steve Henning in Reading, PA, USA
Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
The '67,'74,'79,'87,'95 and '01 through European Delivery.
http://rhodyman.net/homevo.html
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  #10 (permalink)  
Old 10-09-2007, 07:34 AM
clay
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Posts: n/a
Default Re: Is Volvo's extended warranty on used cars worth it?

Joe wrote:
> On Oct 6, 8:01 pm, clay <c...@ymation.com> wrote:
>> Joe wrote:
>>> On Oct 6, 11:37 am, Stephen Henning <pigh...@aol.com> wrote:
>>>> Joe <joe5...@gmail.com> wrote:
>>>>> On Oct 6, 8:44 am, Joe <joe5...@gmail.com> wrote:
>>>>>> I'm buying a used car from volvo that has 42k miles on it and the
>>>>>> bumper to bumper warranty runs to 2010 or 100k. Is it worth it to
>>>>>> purchase two extra years to get me to 2012? The extended two years
>>>>>> come with a $100 deductable - or per repair? Anyone have any
>>>>>> experience with this warranty? It's $1175, can it be discounted?
>>>>> the car is a 2004 with 40k miles. The original warranty was 6 years or
>>>>> 100,000 miles
>>>> It depends on the model. When a new model is introduced, they sometimes
>>>> have a weakness such as the '93 850 had an AT that would fail around
>>>> 80-120k miles. That was worth guying extended coverage for. In most
>>>> cases they actually get more reliable in the big picture but have small
>>>> things like belts go bad. The warranty would require dealer service
>>>> which you should be getting anyway.
>>>> In general when your car is 8 years old it will be worth so much. If
>>>> the repairs are less than the value when it is fixed, you can fix it and
>>>> sell it and get your money back. If they are more than it is worth, you
>>>> are out of luck unless you have extended coverage. To me, $1200 for 2
>>>> years is a big gamble and not worth it unless this model has a history
>>>> of a major part going bad. If $600 per year is worth it for the peace
>>>> of mind and knowing that in 2012 you would have a car that is in good
>>>> condition and be able to sell the car and get another one, then go for
>>>> it.
>>>> --
>>>> Cheers, Steve Henning in Reading, PA, USA
>>>> Owned '67,'68,'71,'74,'79,'81,'87,'93,'95 & '01 Volvos.
>>>> The '67,'74,'79,'87,'95 and '01 through European Delivery.
>>>> http://rhodyman.net/homevo.html
>>> This warranty also covers things like auto locks, power seat motors,
>>> and sun roof motor. Don't those tend to be expensive to fix?

>> The downside to these insurance policies is you'll have to pay dealer
>> prices fix the things that are not covered.
>> Things like belts, gaskets, hoses, rotors, A/C, exhaust, etc.
>> Read the fine print. Google the things that aren't covered to see if you
>> can find examples of failures.
>>
>> In the end, it's just insurance. So the question is, do you feel lucky?

>
> Hmmm, they said it's a bumper to bumper warranty. Are you telling me
> that if they have to replace the engine I'm going to have to pay
> dealer price for the belts and gaskets involved in such a repair? That
> sounds pretty shady.
>


No, I'm telling you to read and understand the fine print. And ask
questions, and get the answers in writing.
I only have two real life experiences with 'bumper to bumper' extended
warranties. Both on a Chevy I bought new in '85.
Dealer where I bought it wouldn't fix an exhaust leak because gaskets
weren't covered.
When the alternator failed, I took it to a different dealer. (finally
happy I could use the "insurance" I bought.)
They fixed the alternator and, while they were in there they noticed a
busted exhaust stud so they fixed it (along with the blown exhaust
gasket.) No phone calls, no authorization, and no charge.
Needless to say, I was pleased with the outcome but the lesson learned
was you're at the mercy of the dealer when it comes to warranty repairs.
They can just as easily screw you as help you.
Same deal on a 'lifetime' alignment I bought once. First time I took it
back, they informed me I had $600.00 of worn out rod ends, etc. I would
have to pay them to fix before they would do the 'free' alignment...
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