The word ‘aftermarket’ refers to the concept of additional purchases, repair or replacement of a product after sell. According to the association of Automotive Aftermarket Industry, the automotive industry maintains, replaces and repair parts after sell of a vehicle. An extended auto warranty is typically purchased by an individual when he or she purchases a vehicle. But in some cases you are allowed to purchase the warranty later without penalty charges.  
If you are worried about the ever-rising expenses of auto repair, you can obtain an extended service warranty that will help you to keep your savings unaffected. You can enjoy a service like insurance but the difference is that you don’t have to pay insurance premiums after regular intervals. It is some how a one time investment. A car can give trouble at anytime. Therefore,  to avoid the hassle you should better choose the aftermarket auto warranty at the moment you buying your vehicle. Moreover, presently the costs of repairs are more than maintenance. So, extended warranties for service is very important because they repay the repair bills.  It will be really expensive if your vehicle is beyond the warranty period of the manufacturer.   

So you have to be prepared to protect yourselves from huge repair bills and compromising with low quality services.