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Volvo Extended Warranty

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Old Aug 22nd, 2020, 12:13   #1
Lexman8
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Last Online: Today 16:13
Join Date: Feb 2016
Location: Yorkshire
Default Volvo Extended Warranty

When my XC90 was 3 years old in Oct '19 I took out a Volvo Extended Warranty costing £445 for one year. I've just had the renewal offer for another year starting Oct '20 saying it'll cost £595; a £150 or 33% increase.

Either they are having a laugh (literally at my expense) or it reflects the significant increase in cost to repair SPA-based cars as they age and therefore, by implication, the unreliability of them. I accept that these are complex cars but even then, I'd expect a car that'll be under 5 years old at the end of the cover period to still be mainly fault free and not need a £600 warranty to cover it.

Obviously I'll look around to get a better price but it's also got me thinking that I should ditch the car sooner than I originally planned. If they're seen to be so unreliable and expensive to repair, will secondhand values ultimately suffer?
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