Personal finance is the single most important thing any adult has to deal with in life. Being financially responsible will save people from getting into unnecessary debt. Knowing how much a person has and what they can spend ensures them that if they want to something, that they need to save for it. Being financially responsible branches out into various aspects of our lives which include something we use everyday, our cars.

For instance, an individual may go to purchase a car and negotiate the prices with the dealer and think that he has done a good job. However, after deciding on the model he or she wants, he may not realize that thousands of extra dollars are being added on to his final invoice. This is because the dealership has tacked on additional finance charges, and extra warranty costs.

This may transform the car shopper’s original dream of owning a car at the cheapest way possible into a nightmare. An option a car shopper can take is to purchase a new or used car warranty from a third party. Warranty companies offer programs that cost way less than what a dealer charges.

If the potential car owner is still interested in that car they are looking at, then they should consider saving extra money by buying a warranty else where.