Could I get an extended warranty for my iMac..?

My iMac has been constantly freezing and my dad just got it fixed for $500 about a month ago. Our 1 year warranty from the purchase date is over cause it's been about 2 years now since we bought it. Everytime it freezes I gotta put the "install DVD" in and repair the disk, than it works but freezes a couple hours later. I'm so sick of this, how could I get a warranty for this because I can't pay 500 bucks everytime this thing crashes.... I read about the AppleCare and it only says it extends 3 years from purchase date, so would that mean I have only one year left till the warranty is over..? thanks

You can't buy AppleCare. You have to buy it before the end of the first one year warranty.

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