Year after year, the average cost of driving a car keeps on rising. In 2010, driving 15,000 miles per years means spending at least $400 more than last year due to the increasing costs of fuel, insurance and tires. As the cost of paying for wear and tear in a vehicle rises, it might be a wise choice for car owners to buy an extended auto warranty to stay within their budget. The American Automobile Association has released its annual "Your Driving Costs" report, which showed that driving a new

As the systems that run cars become more complicated, vehicles are more susceptible than ever to breakdown. While this is an issue that bumper-to-bumper warranty owners don't need to concern themselves with, other drivers need to know what is going on inside their vehicle. Nearly all new vehicles now come with an electronic system that runs parts of the car. Automakers are quickly learning that when these systems fail, it can lead to disaster. Toyota has had numerous problems with electronic systems in their cars. They've recently stopped selling the

Unless you are fortunate enough to be able to pay cash for your cars, you probably finance. Depending on the lender and your credit score, interest rates for vehicle loans range from 6% all the way to 20% (more in some states). Many buyers opt for a car warranty during the purchase process through a dealership, because it only raises their payments $15-$20. For less than $1 a day, that’s a bargain for the security an auto warranty offers. The hidden cost, though, is that since the warranty price is