Tuesday, September 27, 2011

Is anyone familliar with the Volvo Extended Service plan offered by Volvo Dealerships?

I am wondering if it is actually a plan from Volvo, or is it a 3rd party that Volvo uses such as MPP inc. Although this is called an 'extended service' plan and not an extended warranty, does anyone know how it differs from the warranty that covers the car for the first 50,000...|||The difference is typically that the extended warranty has a list of items that are covered - and a list of items that are not covered. Also, repairs typically have to be pre-authorized by the warranty company - something your service dealership must do before doing repairs. Sometimes depending on your particular warranty, you may have a decuctible ranging from $0 to $250 or more.





"extended service plan" is just about terminology - it means an extended warranty.





The factory warranty that Volvo puts on the car will cover a lot more items and be more straightforward in terms of authorization. Something in between will be a Volvo extended warranty plan such as VIP or CPO.





When you buy a car your dealership should have all this information available to you.|||When I was approached about buying one of these plans for my Volvo, it was from a third party supplier. I looked into what was covered and what was not and the fine print in these plans is astounding. Also, know in advance what the cost of the plan is. Do not buy into the dealer's "Ill give it to you at my cost" ploy.


Know the plan's limitations and its ultimate cost before laying out any money.

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