An extended warranty is like insurance for your car, safeguard for future expenses that you don’t know yet. It is also known as a vehicle service contract, not compulsory to buy it. It helps you to pay certain repairs to your car after the manufacturer’s warranty expires sometimes they both can overlap.
Most of the warranties don’t include some parts that original warranty covers, the amount depends on what is included in the warranty you are purchasing, carefully read before buying. Routine maintenance like oil change, new tire, new brakes, etc. are not included in extended warranties. Coverage varies according to the cost of the warranty. Generally, the upfront cost of a warranty can range from $1,000 to $3,000 or more.