How to Avoid Being Surprised by 7 Nasty Expenses

1. Automobile breakdowns

Man leaning against car with hood open, making a call.
pathdoc / Shutterstock.com

Vehicle breakdowns are hard to anticipate. Some drivers buy mechanical breakdown insurance or extended repair warranties for added peace of mind.

Mechanical breakdown insurance is supplemental insurance that covers repairs unrelated to accidents.

An extended auto warranty covers repairs after factory warranties have expired. The items such warranties protect vary, but they typically exclude wear-and-tear and routine maintenance, such as replacing tires, notes U.S. News & World Report.

Some warranties are backed by vehicle manufacturers and others are backed by car dealers or warranty companies.

Money Talks News founder Stacy Johnson weighs the pros and cons of extended repair warranties in “Ask Stacy — Should I Buy an Extended Car Warranty?

26 Things Everyone Should Keep in Their Car
26 Things Everyone Should Keep in Their Car

These tools and conveniences help protect drivers from hassles and calamities on the road.

These 5 Laptops Have the Best Battery Life
These 5 Laptops Have the Best Battery Life

Need a laptop that runs as long as you do? Check out these models.

2 Costly Rewards Credit Card Mistakes — and How to Fix Them
2 Costly Rewards Credit Card Mistakes — and How to Fix Them

If you commit either of these credit card sins, you are likely losing money every time you use a card. Here’s how to easily right this wrong.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.