100% Refundable Extended Warranty - Do they exist?
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I'm awaiting arrival of my new 535i. Been thinking about extended warranty.
But I have to share my experience with a dealer-written extended warranty I bought through my Volvo dealer 11 years ago. The terms were 7-year, 70,000 mile extended warranty. The price was about $1100. But the terms stated that if NO repairs were charged against the warranty, I could within 30 days of the end of the warranty period or reaching 70,000 miles, ask in writing for a 100% refund of the warranty purchase cost. I had never heard of this. Of course I took it as a protection against major repairs.
In the end, I did NOT need to charge any repairs against the warranty, and sure enough, at the end, I wrote the dealer a letter requesting the refund of the Warranty purchase price. About 10 days later, I received a check.
Of course this was 11 years ago. Does anyone know of any reputable company or dealer that writes these kinds of extended warranties, or was I just lucky to have such a good Volvo dealer to work with?
But I have to share my experience with a dealer-written extended warranty I bought through my Volvo dealer 11 years ago. The terms were 7-year, 70,000 mile extended warranty. The price was about $1100. But the terms stated that if NO repairs were charged against the warranty, I could within 30 days of the end of the warranty period or reaching 70,000 miles, ask in writing for a 100% refund of the warranty purchase cost. I had never heard of this. Of course I took it as a protection against major repairs.
In the end, I did NOT need to charge any repairs against the warranty, and sure enough, at the end, I wrote the dealer a letter requesting the refund of the Warranty purchase price. About 10 days later, I received a check.
![Smile](https://5series.net/forums/images/smilies/imported/smile.gif)
Of course this was 11 years ago. Does anyone know of any reputable company or dealer that writes these kinds of extended warranties, or was I just lucky to have such a good Volvo dealer to work with?
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My Ride: 2005 530i, Premium/Sport Packages. Heated Seats, Sat Radio, Mystic Blue Metallic and Dakota Gray Leather interior. Active steering and headlights, M5 166 wheels
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Originally Posted by jes0331' post='533361' date='Feb 19 2008, 10:10 PM
I'm awaiting arrival of my new 535i. Been thinking about extended warranty.
But I have to share my experience with a dealer-written extended warranty I bought through my Volvo dealer 11 years ago. The terms were 7-year, 70,000 mile extended warranty. The price was about $1100. But the terms stated that if NO repairs were charged against the warranty, I could within 30 days of the end of the warranty period or reaching 70,000 miles, ask in writing for a 100% refund of the warranty purchase cost. I had never heard of this. Of course I took it as a protection against major repairs.
In the end, I did NOT need to charge any repairs against the warranty, and sure enough, at the end, I wrote the dealer a letter requesting the refund of the Warranty purchase price. About 10 days later, I received a check.
Of course this was 11 years ago. Does anyone know of any reputable company or dealer that writes these kinds of extended warranties, or was I just lucky to have such a good Volvo dealer to work with?
But I have to share my experience with a dealer-written extended warranty I bought through my Volvo dealer 11 years ago. The terms were 7-year, 70,000 mile extended warranty. The price was about $1100. But the terms stated that if NO repairs were charged against the warranty, I could within 30 days of the end of the warranty period or reaching 70,000 miles, ask in writing for a 100% refund of the warranty purchase cost. I had never heard of this. Of course I took it as a protection against major repairs.
In the end, I did NOT need to charge any repairs against the warranty, and sure enough, at the end, I wrote the dealer a letter requesting the refund of the Warranty purchase price. About 10 days later, I received a check.
![Smile](https://5series.net/forums/images/smilies/imported/smile.gif)
Of course this was 11 years ago. Does anyone know of any reputable company or dealer that writes these kinds of extended warranties, or was I just lucky to have such a good Volvo dealer to work with?
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