Usually motorists buy an aftermarket auto warranty or an extended auto warranty for their cars when their factory warranty is terminated. When you buy an aftermarket auto warranty, your car warranty provider will cover the cost or replacement and repair on certain parts of your car. There are things to keep in mind when you consider buying and aftermarket or extended auto warranty:
An aftermarket auto warranty generally does not cover the cost of replacement or repair of wear and tear parts. An aftermarket bumper to bumper warranty covers almost all parts of your car, but will generally exclude parts such as brakes and tires the break down as a result of wear and tear. However, there are companies out there that will cover wear and tear parts in addition to the other parts. It is smart to buy a warranty that covers wear and tear, even if it is a bit more expensive to do so because 80% of the problems that arise in your car are a result of wear and tear. An auto warranty that covers wear and tear problems will save you a lot of money in the long run, particularly if your car is an older one.