An aftermarket auto warranty is also known as an extended auto warranty. They are different from warranties that are provided by manufacturers at the time of the vehicle purchase. The warranty that is purchased after the original factory warranty is terminated is the aftermarket auto warranty.

The owner of a vehicle needs to buy the aftermarket warranty because the car is likely to experience wear and tear even after the original warranty is terminated. Before purchasing an aftermarket warranty, there are many things that must be considered. Such things include physical condition of the vehicle and the miles coverage. The vehicle owners can save money on the cost of replacement and repair of parts that are covered by a warranty.

However, the customer should be wary when signing an aftermarket warranty deed because there have been cases of fraud reported. Prior to purchase, the consumer should ensure the coverage being provided by the aftermarket dealer.

Aftermarket warranties are offered by car dealers or third-party companies. Usually the dealer offers less coverage than that of a third-party company. Consumers should always be certain to check the Better Business Bureau’s ratings for the company that they are purchasing from. Purchasing from an A+ rated company will provide consumers with assurance when making the purchase.