While purchasing a new car, the manufacturer provides the car owner with a factory warranty which will bear the cost for repairing your car for an agreed time period or mileage, whatever is first. When this warranty is exhausted, one may chose to go for an extended warranty. Any warranty that is not made available by the factory can be called an aftermarket auto warranty.

Purchasing these warranties through the dealer is most advisable. Though they may be more expensive or may not provide you a good coverage but still as they will make you sign a contract which will ensure your safety in times to come. However, while shopping for third party dealings, keep in mind if the company goes bankrupt, then you will be left with no warranty at all which is not the case with the dealers. After market warranty do help you save your money in the future. But they are not applicable if you lease your vehicle and turn up for any kind of service. Some of them also have a get back facility that makes them a ‘never-lost’ investment. Thus, if you want to go for a serene tension free journey, auto market warranty is a must for your vehicle.