Auto extended warranties are becoming a necessity such as health and car insurance. Cars are becoming more technologically advance and becoming more difficult for the average person to repair. As cars become older and more susceptible to breakdowns, an auto repair warranty becomes more important. Major services such as transmission repairs can cost $3000. Depending on whether you have an auto warranty will determine if you will pay the full $3000 or just a small deductible. Auto warranties are more affordable as many third party providers are offering warranty services. They are often cheaper than service you would get at the dealership but they provide the same great service. Many contracts can be financed over time so you will not need to pay a huge lump sum.