Without a doubt, purchasing an extended warranty on a vehicle is the best thing that any car owner can do after the factory warranty has expired. In comparison to the event of a vehicle breakdown, purchasing an extended warranty for your vehicle is much cheaper.

For instance, if your vehicle had a small engine problem after the factory warranty has expired – you would more than likely spend over $1000 dollars on a repair. With extended vehicle warranty coverage, you may be able to cut that down to as little as $1 per day. Not to mention, most repair shops charge anywhere from $80 - $100 per hour for labor alone.

Extended warranties can include simple drive-train mechanisms only, the entire car, and it can even cover roadside assistance in the event of a vehicle breakdown. Purchasing these extras will not cost very much more than you would pay for a can of soda on break everyday – making it extremely worth the extra change.

When choosing an extended warranty for your vehicle, look for “red-flag” language within the fine-print, that may say things such as “at our discretion” etc. Many extended warranty providers will provide a cheap monthly rate – while also giving the same – a cheap plan. Also, find a company that is able to provide “wear-and-tear” coverage for your vehicle; which will protect against the normal everyday elements that are often more damaging than any other factor to your vehicle.

Again, the most important thing that a car owner can do for their vehicle, other than routine maintenance, is to purchase an extended warranty. Not only will it provide peace of mind in the event of a breakdown or mishap, but it will also give a reason to value the vehicle enough to take excellent care of it. Knowing that you will be able to drive your prized possession for many more years to come turns it from a vehicle into a valuable asset.