Is Volvo's 8-Year Extended Warranty Worth It?
1 Answers
Volvo's 8-year extended warranty is very worthwhile. Here's the relevant information: 1. Meaning of Extended Warranty: As the name suggests, an extended warranty means extending the warranty period. It refers to paying a certain fee to extend the original factory warranty after the new vehicle warranty expires. For example, the general vehicle warranty is 3 years or 100,000 kilometers. By choosing the extended warranty service, the warranty period can be extended to 8 years or 200,000 kilometers. During the extended warranty period, you enjoy the same services as the new vehicle warranty. 2. Coverage: An extended vehicle warranty is not vehicle insurance or vehicle maintenance. The fundamental difference between the three is that vehicle insurance covers repair costs for accidents; an extended vehicle warranty covers repair costs for vehicle malfunctions; and vehicle maintenance refers to the regular inspection, cleaning, replenishment, lubrication, adjustment, or replacement of certain parts as preventive work to eliminate hidden dangers and extend the service life. Simply put, if a car accident occurs during driving and causes repair costs, it is covered by the insurance company. However, any mechanical or electrical component failures that occur during normal vehicle use without a traffic accident fall under the extended warranty coverage.
