Many people consider insurance to be a necessary evil, as they are forced to pay for a service that they hope will never use. In case something goes wrong though, having the car warranty will keep you on the safe side and avoid high costs in the moments when you can afford them less. Depending on the type of the car you are driving but most important on the fabrication year, you will pay more or less for seemingly similar services.
It is possible to choose a coverage plan that is tailored for your vehicle, even though this means you will exclude certain components. An auto warranty is a vehicle service contract that you will sign with the insurer, thus will enable you to benefit of free repairs and other services that the extended warranty covers. It might seem like an unnecessary investment, especially when the car is new, but it pays off to sign it when the vehicle is in perfect shape.
Even if you have a factory warranty for a couple more months or even years it is wise to go for the car warranty now, because the rates you will be offered are very competitive. The longer you wait and the more miles you will be driving, the higher the costs will be, and eventually you will wind up paying more. While the auto warranty you will get from the factory only applies to new cars, the extended warranty can be signed virtually at any time, but of course will cost extra.