Purchasing an extended car warranty can bring good peace of mind. A typical car warranty, especially when purchased at the same time as a new vehicle, can often be had for only a few hundred dollars. This extended warranty adds an additional year or more of protection to the vehicles standard car warranty. Depending on the car, this may help reduce the possibility of repair costs down the road, or add value to the car if you are selling it before this extended car warranty expires. When shopping for a car warranty, it is important to carefully look at all of the coverage details that are listed. All car warranties are not created equal, and some may have limitations on what types of repairs they will cover, leaving you to pay an expensive bill.