The products that are sold to customers are covered under warranties in which manufacturers promises the replacement of defective added parts or sometimes even the complete product. This is called auto warranty. The replacement is done only when manufacturers find any kind of fault and they detect any defect in the spare parts under the given warranty period. The time period of warranty is between 2-3 years depending up on the manufactured goods. In 2 formats the warranty of the cars are extended. The first format is new car warranty plus the second format is known as used car warranty. This warranty is basically against loss.
New car warranty is that warranty which is given to new cars, whereas, warranty that is given to pre-owned and used car is known as used car warranty. Used car warranty is popularly known as after-market warranty. Used car warranty is very costly then those of new car warranty because it involved a huge risk. The factors that rise against the after-market auto warranty are the extensive use of cars. The features and services provided under after-market auto warranty are very less as compared to new car warranty. It is advised you to consult any warranty expert prior purchasing any used car warranty.