Extended Warranty - Is it worth it?

parsa7277volvo

This is my 5th Volvo. I loved 850 but it had too many repairs.
Now I have Volvo S80 - 2008 model. It has 98K miles. The book value is about $5k. Warranty for 3 years - covers ONLY engine, transmission, A/C and electrical. Warranty is $3,000 for three years with $250 deductible.
Is it worth buying? Warranty is from Endurance Warranty.
Any comments?

thank s

Love Volvos

stever

$250 deductible for every service visit?

I dunno, I don't think extended warranties are worth it, but there's a lot of gizmos that can break. Expensive gizmos.

I'd want to check the fine print of the Endurance Warranty too. Could be that a lot of the expensive gizmos aren't covered.

kyfdx

$3000 warranty on a $5000 car?

H--- NO!!

Mr_Shiftright

No way. Aside from the high price of the warranty, I'm sure it is filled with exclusions. IMO, this type of product is not a "warranty", it's "warranty theater", a feel good product.

parsa7277volvo

Thanks everyone for your help. It is a BIG help.