If you’re thinking of becoming a Volvo car owner, you might have a few questions regarding the reliability and costs of this brand. Volvo is a Swedish car company that has been around since 1927. They are known for their safety and quality, which is why they are popular among luxury car buyers. However, the main question is, are Volvos expensive to maintain?
The answer is yes and no. Volvo does require higher quality parts than your average car, which can drive up the cost of repairs. However, if you take good care of your Volvo and keep up with regular maintenance, the overall cost will be lower than if you let it fall into disrepair.
Read through to know more about Volvo’s reliability and maintenance costs.
Are Volvo’s Expensive To Maintain?
Volvo is a luxury car, so the Volvo maintenance cost will be more than the everyday vehicle.
However, the Volvo maintenance cost is more inexpensive than its competitors, such as Mercedes-Benz, BMW, and Cadillac.
How Much Is The Annual Volvo Maintenance Cost?
The annual Volvo maintenance cost sits between $700 and $800.
A newer vehicle will cost you much less compared to those over 5 years of age. On average, the majority of people pay less than $500 annually for the first 3 years.
Repairpal Reliability Rating: Volvo
According to Repairpal, Volvo has a reliability rating of 3.5 out of 5.0. This leaves Volvo in 17th place out of all the 32 car brands. This is an average rating based on 345 distinct models. Also, Volvo’s average annual repair cost is above average, as it is $769.
What Are The Most Reliable Volvo Models And Their Maintenance Costs?
Volvo xC40 Maintenance Cost:
Within the first 10 years of service, you can expect to pay approximately $11,907 on a Volvo XC40 model, besting the average maintenance cost on a luxury car by $3,553.
Also, the chances of the xc40 model requiring a major repair during this period are merely 36.25%, which is 3.31% better than related models.
Volvo xC90 Maintenance Cost:
Within the first 10 years of service, a Volvo XC90 model will cost you roughly $12,359, beating the average maintenance cost on a luxury car by $3,101.
The chances of the XC90 model needing a major repair during this period are 36.25%, a 3.31% better value than other comparable models.
Volvo c30 Maintenance Cost:
The estimated annual maintenance cost for a Volvo C30 is about $598. Maintenance and repairs on this model can cost anything between $95-$3,612, averaging $320.
Volvo s60 Maintenance Cost:
During the first 10 years of service, it may cost you around $9,164 to maintain and repair a Volvo S60 model, besting the average maintenance cost for luxury cars by $2,540.
Also, the chances of the S60 model having to be majorly repaired during this time are only 26.81%, which is a 12.75% better chance than other similar models.
Volvo s90 Maintenance Cost:
During the first 10 years of service, a Volvo S90 model may amount to $9,422, beating the average maintenance cost for luxury cars by $2,282. The likelihood of the S90 model requiring a major repair within this time is only 26.81%, which is 12.75% better than other models in the same category.
Check Out the True Cost of the 2018 Volvo S90 (Maintenance Operating Costs):
Volvo v60 Maintenance Cost:
Within the first 10 years of service, a Volvo V60 model will cost you approximately $11,020, besting the average maintenance cost for a luxury car by $2,865.
Also, the v60 model only has a 32.29% chance of needing a major repair within this period, which is a 7.27% better chance than related models.
Volvo v60 Cross Country Maintenance Cost:
Within the first 10 years of service, the Volvo V60 cross-country model will cost an average of $10,770. This value bests the average maintenance cost for a luxury car by $3,115. Also, the likelihood of this model requiring a major repair during this time is merely 32.29%, which is 7.27% better than other similar models.
Volvo xC60 Maintenance Cost:
Within the first 10 years of service, you can expect to pay about $12,129 for the Volvo XC60 model, beating the average maintenance cost for a luxury car by $3,331. The chances of the XC60 model having to undergo major repairs within this period are 36.25%, which is 3.31% better than comparable models.
What Are The Estimated Volvo Repair Costs?
The estimated maintenance cost is between $95 and $9,057, averaging at about $303.
Are Used Volvos Cheap in the US?
Second-hand Volvo are generally cheaper because they have not had the same exposure or marketing compared to German makes.
Volvo focuses on promoting its highway safety aspects, whereas other brands lean towards the car’s character, which may be more attractive to consumers who are looking for a more ‘interesting’ car.
When it comes to maintenance, used Volvo’s long-term maintenance plans can end up being quite expensive. For example, an older S60 model using 5-cylinder engines has pricey electrical systems and suspension parts.
How To Save Money for Volvo Maintenance
Maintenance can’t be avoided, but there are a few tips and tricks you can apply to lessen the blow on your wallet.
Scheduled Maintenance
Don’t spend unnecessarily scheduling maintenance that your car does not need. Rather, stick to the manual’s scheduled maintenance plan and the factory maintenance schedule.
Prevention
It is a lot less expensive to maintain when regular maintenance is done, so address problems as soon as they arise, regardless of how small they seem.
Cosmetician
Find out who your local used car dealership uses for affordable cosmetic repairs, and make use of their services whenever you see a dent, scratch, or chip.
Learn something
Get to know your car and its parts. You’ll feel more confident and less stressed when maintenance time comes.
Volvo’s Scheduled Maintenance Service Plan
- First service: 10,000mi. (16,000kms)
- Second service: 20,000mi. (32,000kms)
- Third service: 30,000mi. (48,000kms)
- Fourth service: 40,000mi. (64,000kms)
Your first service will include an oil and filter change with synthetic oil, a chassis inspection, an update on the technical software, and a clean windshield in front of the intellisafe support camera.
Your fourth service will include an oil and filter change with synthetic oil, chassis, powertrain, and wear and tear inspection, replacement of the passenger compartment air filter, engine air filter, and brake fluid, an update on the technical software, and a clean windshield in front of the intellisafe support camera.
What Are The Inclusions of Volvo Lifetime Replacement Parts and Labor Warranty?
All Volvo cars that have parts installed at authorized Volvo dealers are warranted to be absent from flaws in material or workmanship.
Labor to replace the covered replacement parts is included in the coverage. However, accessories, wear and tear parts, and consumables are not under the Volvo lifetime warranty. Parts in need of replacement are not covered as a result of outside influence. Also included are 3 complimentary maintenance services.
Should I Use an Authorized Volvo Service Center for Maintenance and Repairs?
Yes, you should take advantage of the services provided at an authorized Volvo dealer center. Why? Because their employees are trained for service specially meant for Volvo models.
Although other centers can assist you, their knowledge, skills, and equipment will not compare to the expertise at a Volvo service center.
Just as a specialist is better equipped to treat specific conditions, an authored Volvo service center is better equipped and qualified to handle maintenance. They can accomplish both Volvo repair and excellency.
Volvo’s vs Audi’s Maintenance Cost
According to RepairPal, the average annual maintenance cost for an Audi is $987, showing that it is not as expensive to maintain as a Volvo. There is not much of a difference between this figure and that of Volvo maintenance. It is also dependent on repair types and car models.
FAQs
Is a Volvo a Luxury vehicle?
Yes, Volvo is amongst the luxury vehicles. A luxury vehicle must come standard with additional features and give a luxury driving experience.
Volvo looks and plays this part. Volvo models have high-end features and a comfortable interior, consistently delivering impressive safety measures.
How Reliable Are Used Volvos?
Volvo’s reliable; however, as is the case with most cars, their reliability decreases after about 3 years.
Older Volvo models have been reported to experience more problems.
Although most luxury cars tend to lose the majority of their value quite quickly, the Volvo second-generation XC90 endeavors to maintain over 40% of its luxury value even after 12 years.
Are Volvo Parts That Expensive?
Volvo is a luxury brand, so yes, its parts are expensive. However, it also depends on what you are comparing the prices to.
Volvo parts are considerably more cost-effective than other luxury cars, such as Mercedes-Benz, Audi, and BMW.
Is Volvo a fuel-efficient Car?
Yes, Volvo is fuel-efficient.
Its engines embody Drive-E technology. This enables supercharging and turbocharging, improving the performance of their specialized four-cylinder engines.
Final Considerations: Are Volvos Expensive to Maintain
So, are Volvos expensive to maintain? Although these are luxury cars, the Volvo maintenance costs are considerably lower than competing luxury brands. Also, many Volvo car dealers will be able to offer you much better deals and services, as well as complimentary service maintenance. With that said, you can expect their parts to be more expensive than the average everyday car.