There are some warranty companies that provide a warranty to newly bought cars even after their warranty expires. These privately owned warranty companies provide a warranty on the performance of the automobiles so that the customers can enjoy the benefits of warranty even after the companies’ warranty has lapsed. There are certain limitations to this and must be learned before endorsing a policy with the company.
The after market covers only the parts of the automobile that are covered under the original warranty. There is no warranty offered on the chassis of the car and a company is not liable for payments or replacements for any destruction that is caused due to accidents. Accident covers are only covered by insurances but warranties are related to just spare parts that are used in the cars.

Aftermarket auto warranties are also referred to as extended warranties and are meant to provide extra support to the customers, in terms of warranty. There are a number of options that a customer can chose for while getting the aftermarket warranty of their automobiles. The various plans differ from each other in terms of the tenure and the maximum replacement warranty amount that one may get.