You can purchase extended car warranties, service contracts, or extended vehicle protection plans through many different companies, all of which usually offer the “best” prices. You shouldn’t always buy the plan with the lowest price. You should invest in a plan that fits your needs for the best price. If you buy a cheap coverage option, you may not get a quality one.

When you go to use your plan to get your car fixed and you bought a cheap one, you may find that it will not cover your repairs. It’s always smart to buy coverage that covers more. This will save you money in the long run.

Also, if buying an extended vehicle protection plan seems impossible due to your financial situation, remember that CARCHEX.com offers financing and month to month programs. These programs let you make interest-free monthly payments on your plan.