Motorists will usually purchase an aftermarket auto warranty or an extended auto warranty for their cars when their factory warranty ends. When you purchase an aftermarket auto warranty, your warranty provider covers the costs of the bills for repair and replacement of certain parts of your car. There are some things to keep in mind when you are planning to buy an aftermarket auto warranty.
Keep in mind that an aftermarket auto warranty usually does not cover repair costs for issues that are caused by wear and tear. An aftermarket bumper-to-bumper warranty will cover the cost for most of the parts of your car. However, this usually excludes car parts such as the brakes, tires, etc. It is important to realize that there are companies out there that will provide warranties that cover wear and tear parts in addition to all of the other car parts. It is smart to purchase a warranty that covers wear and tear parts, even if the cost to do so is higher than a normal mechanical warranty. This is because almost 80% of your car repair expenses are due to wear and tear issues. You can save money with an auto warranty that covers wear and tear parts, especially if your car is older.