Every vehicle comes with a warranty period. If a car has a warranty period of one year, the auto manufacturing company is liable to pay for any damage or mechanical failure it suffers from in the said period. An extended warranty refers to the kind of warranty you can avail to once the factory warranty comes to an end. According to several vehicle-based organizations, this type of warranty should be identified as a vehicle protection plan or a vehicle service contract. How to apply? You have to apply with the authorized car manufacturing company to procure an extended vehicle warranty. Apart from the company you have bought the vehicle from there are organizations that specialize in providing extended vehicle warranties to car owners. It is advisable to apply for an extended vehicle warranty as soon as you buy a new car. The newer the car, the higher will be the chances of you procuring an extended warranty. Well-maintained cars and the ones with a lower mileage also stand a good chance. When you approach a company to get yourself an extended vehicle warranty, you need to keep a few things in mind – the reputation of the company, the kind of coverage it offers to vehicle owners, the amount that you have to pay for the warranty and the additional benefits that you stand to gain out of it.