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Anyone else doing Care by Volvo?
I have a purchase BMW X1 and will end up saving 169.61 a month going to Care by volvo plan.
I like the coverage it comes with and the fact i can upgrade each year. I am not one that likes to pay for the costly repairs once a vehicle is out of warranty and miles start racking up so this was a good choice for me.
Only downside is we will have to watch the miles and change our lifestyle a bit. I am not afraid to go over the 15K miles as its just $0.25 per mile but we definitely need to adjust on how we usually use the vehicle aside from normal daily commute.
 

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To each their own I suppose and if you save money and the plan fits your lifestyle then by all means. Just not something I would go for because of the mileage restriction and my insurance is pretty cheap considering how long I've been driving and my clean record. May not end up saving all that much for me.
 

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Just signed up for 'Care by Volvo' as well for the XC40 Momentum. Never leased a car before (except when paid for by my employer), so this is a new experience for me. I compared the total cost of ownership over 10 years under the program to outright buying the car (and replacing it after about 5 years). Although over the 10 year period you would be able to save about 10-15K if you buy (with saved money) as compared to 'Care by Volvo', I still decided to sign up for this program for the following reasons:
  • The 'Care by Volvo' XC Momentum is very well equipped with Premium, Vision, 19" wheels, panoramic roof, seat/steering wheel heating, etc., probably more than I would include if buying, but still appreciate the extra options
  • No concern about repair and maintenance cost, since it is all included
  • Ability to add family members under the included Liberty Mutual insurance, including my soon to be 16 year old son (would be much more expensive to add under a normal insurance program)
  • Flexibility: unlike buying a car the commitment is relatively short (24 months), so when circumstances change, it is easier to move on
 

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i'm considering it and what helps is the fact we're getting quite a lot of things. Volvo did well at including a ton of value, things that really impact our experience day to day.
Tire and wheel damage protection stands out to me because living in a developing city you are almost forced to drive on road with a lot of imperfections or construction sites where nails can easily find their way on the main road.
 

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i'm considering it and what helps is the fact we're getting quite a lot of things. Volvo did well at including a ton of value, things that really impact our experience day to day.
Tire and wheel damage protection stands out to me because living in a developing city you are almost forced to drive on road with a lot of imperfections or construction sites where nails can easily find their way on the main road.
Absolutely true about the nails. There might be something you can do to reduce your chances of getting nails in your tires. I researched this a bit when I experienced that my wife was getting 2-3 nails in the tires of her SUV every year and I never did with my car. Most of the nails also ended up in the front right or rear right tire of the SUV... I found information that suggested that many times you are picking up nails on the exit ramps of highways. Why is that? Because exit ramps tend to bank to the right, so nails lost by construction trucks end up on the inside of the exit ramp due to gravity. So if you are in the habit of 'cutting' the curve of the ramp (driving over the inside line) you are more likely to pick up nails in your right side tires. I know for a fact that my wife likes cutting corners :wink
 

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What is the actual monthly cost of the care program and how long do you need to commit? Also, do they require any cash upfront? Lastly, what kind of insurance coverage is included and are there any other restrictions aside from the mileage limitation?
 

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What is the actual monthly cost of the care program and how long do you need to commit? Also, do they require any cash upfront? Lastly, what kind of insurance coverage is included and are there any other restrictions aside from the mileage limitation?
I can only give you the numbers for the situation in the US. Your profile shows you are in Hungary, so this might not apply to you...
- Monthly cost for the XC40 Momentum: $600 (excluding any taxes)
- Contract commitment: 24 months, but you can change the car for a new one after 12 months, in that case you need to commit again for another 24 months
- No cash upfront, except for license and registration cost, which in my case (Florida) is not that much, about $100 per year
- Insurance is provided by Liberty Mutual, $500 deductible (I believe this is called Excess in Europe) with decent limits for personal injury and liability, I believe you can register up to three drivers for the car from the same household (same address). Some details here: https://www.libertymutual.com/carebyvolvo
- 15,000 miles per year, $0.25 per mile for any overage
- Upon return of the car you will be liable for any excess damage over $1,000 (big dents, missing parts, torn upholstery, etc.)
 
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