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Extended Warranty S40-V40

Since my 2000 S40 is nearing 50,000 miles on the odometer, I am thinking about getting an extended warranty. My dealer on Long Island mentioned that extended warranties are available and will cost $1550 for coverage up to 75,000 or $2500 for up to 100,000.
Does anyone have any thoughts about warranties in general and these Volvo prices in particular.






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