Dealer's new service plan

[scbamber]

Hello All

I would welcome your thoughts on the following...

My MY14 V60 D4 SE manual (only 45k miles) has just had the last service of its 5-year Volvo service plan which I took out with the official Volvo dealer when I bought the car new. The last service included the routine replacement of the auxiliary belt and tensioner. The EGR change and hosing was done as a recall before trouble arose, and the manifold upgrade is being done next week.

The car is fine, the dealer has always been helpful, and at £500 the last plan has been a bargain. The risk of suffering the known and significant engine problems in the future (eg an EGR problem despite the redesign; suddenly deciding to burn oil big time....both recognised problems) is low to any individual car but potentially very expensive, and Volvo may be less inclined to help out on an older car, though one could argue that the goodwill payments they have already made to owners with such failures recognise a design fault. I plan to keep the car.

So....the dealer is offering a new plan, this time for 3 years, with payments taken monthly. The plan is transferable to another car if mine is sold or written off. The plan includes annual service and wash, software upgrades, MOT, car loan, and of course Volvo Assistance for the duration.

Basically it's peace of mind and Volvo standards v independent charges and maybe different standards. What would you think is reasonable to pay?

Thanks

[Paul Wildsmith]

I think most dealers are doing this - essentially it's todays cost of next 3 year services which you then pay monthly. The benefit is you don't have any service price increase to bear, but the dealer has your money in the meantime.

It's nothing like the fantastic 5 year plan from new!


https://www.volvocars.com/uk/own/mai...-service-plans

[TeamG]

I just enquired about a service plan for my MY2017 XC60 D4. F*ck me, £3282.09. I do 7k miles/yr.

I’ll continue servicing myself as I have done for the past 27 years. Less than 100 quid all in incl. MOT.

[Clan]

Originally Posted by TeamG

I just enquired about a service plan for my MY2017 XC60 D4. F*ck me, £3282.09. I do 7k miles/yr.

I’ll continue servicing myself as I have done for the past 27 years. Less than 100 quid all in incl. MOT.

this plan is not about saving money , it just spreads the cost over time rather than have big bills all in one go .. you can have a refund at any time with no loss so nothing to loose if you can manage the payments ...

[scbamber]

Latest update: the dealer's 3-year plan will cost £1080 in total and is fixed, whatever price increase may happen in the future.

With the next three services alone costing £440, £265 and £440 respectively at current prices on their website, it seems a bargain to pay monthly for fixed prices in the plan which also includes MOTs, courtesy car, and Volvo Assistance. What could possibly go wrong!!

[green van man]

Originally Posted by scbamber

Latest update: the dealer's 3-year plan will cost £1080 in total and is fixed, whatever price increase may happen in the future.

With the next three services alone costing £440, £265 and £440 respectively at current prices on their website, it seems a bargain to pay monthly for fixed prices in the plan which also includes MOTs, courtesy car, and Volvo Assistance. What could possibly go wrong!!

Is the plan with the dealer or volvo?
If the dealer, what happens if the dealer cease trading to any surplus in your account.

Instead of taking the dealers offer why not pay the same amount into an ISA or other tax free saving account with instant access. You will then have the money to pay the bills as they arise and if sencable a bit more savings for rainy days. Even your big bills is covered by £10 a week, £40 a month and gives a bit of spare cash for tyres etc.


Money in my account is always prefferable to my money in someone else's account.

Paul.

[Otl1uk]

I did a service plan with a renowned Vauxhall dealer in Halifax, week before my service was due, they went bust and I lost £180, could not claim it back.Emac was the service provider and didn't have the money, they said claim it back through the receivers, three years down the line there is no money left for the small debts.