Can you afford a major repair bill?

Major auto repairs can be a major interruption in our lives.  While we all like to think we plan ahead and set aside extra money for a major repair on our vehicles, the simple truth is that we rarely do. 

If your vehicle is within 6 months of the end of the factory warranty, or is no longer covered, it is time to start shopping today.  Take your time and make sure you get multiple quotes and compare plan features.  It can be a tough task to weed through the plan features, but the result will be peace of mind and more money in your pocket.

Does Everyone Need An Extended Warranty?

No, if your vehicle is still covered under the factory warranty or is highly rated for it's reliability, then you may be better off not wasting your money on an extended warranty.  You can get reliability ratings at sites like Autos.MSN.com and PartsAmerica.com  In either case, if there are major problems reported for the engine and/or transmission, I would consider an extended warranty.  These two sites are also a good resource when shopping for a used car.  Pick the right one and you could be rewarded with a trouble free life with your used car.