Most people tend to spend a lot of money when purchasing an aftermarket auto warranty or and extended warranty for their cars. These warranties come into play after the original warranty or factory warranty on your car is terminated. Once you purchase an aftermarket auto warranty, then the bills for changed parts and repairs are paid by your warranty provider. However, there is something very important to know when you are planning on buying an aftermarket warranty:

An aftermarket warranty, like most new car warranties or dealer warranties, doesn’t usually provide coverage for expenses and repairs that are related to wear and tear. While an aftermarket bumper-to-bumper warranty will take care of expenses incurred on changes and repairs performed on almost all of the parts of your vehicle, it still won’t cover your brakes, tires, etcetera. However, there are some companies out there that will provide a warranty that cover wear and tear parts as well. It is smart to purchase a warranty that covers wear and tear parts even if it a bit more expensive that a regular mechanical warranty. This is because approximately eighty percent of your vehicle repair charges are incurred due to wear and tear issues, and you will save a lot of money with this type of warranty, especially if you have an older vehicle.