Many consumers do not realize that even after the manufacturer's warranty has expired, their vehicle is still eligible for extended auto warranty coverage.
You can generally receive coverage on vehicles that have less than 100,000 miles on the odometer. A vehicle out of its original warranty is more apt to have mechanical failure compared to a newer vehicle. For this reason, vehicle inspections are generally required.
A good example would be life insurance. As you age, can you get a comprehensive life insurance policy without a physical and increased cost?
The smartest and least expensive way to get an extended auto warranty is to purchase one while your vehicle is still under factory warranty. You'll save a lot of money doing it this way.