Aftermarket Auto Warranty

Auto warranty refers to after sales service promised by the dealer at the time of delivering the vehicle to the owner. Warranty takes care of the repair and maintenance cost of the vehicle for a particular period of time from the date of its sale. However, the warranty does not cover the replacement of expensive spare parts. With an auto warranty, there are two categories, a new auto warranty and an aftermarket auto warranty.

A new warranty refers to an auto warranty issued to brand new cars released from the showroom. Aftermarket auto warranty refers to the auto warranty issued to used cars or pre-owned cars. As per US law, all dealers of used cars have to issue an aftermarket auto warranty to the car buyer. Violating this law could end in penalty. Therefore, always insist on an aftermarket warranty while purchasing a used car.

The aftermarket auto warranty offers come in two categories. One category is defined on the basis of the mileage of the car. For instance, the warranty can be offered up to 3,000 miles or 30,000 miles covered by the car. The second category depends on the time period of the car. From the date of the sale of the car, the warranty period can be up to three months or three years. It is up to the car owner to choose either of the two categories of aftermarket auto warranty.

 

The popularity of the aftermarket auto warranty has grown mainly because of more and more people are buying used cars which do not come with a warranty. The aftermarket auto warranty, also known as the extended auto warranty, is a type of contract service (you pay for this warranty coverage as opposed to any other type of warranty that you are entitled to with the purchase of a vehicle) which is often used in combination with either the manufacturer’s warranty or the used car warranty to provide additional coverage for the vehicle in question. 

Usually additional coverage is not required for the new car which is fully covered by its manufacturer’s warranty.  In exceptional circumstances however, the owner may decide that he wants his coverage to be extended for a certain amount of years or miles after that allocated with his manufacturer’s warranty.  In such a case, he opts for the aftermarket auto warranty to extend the warranty coverage. 

With the used car, an aftermarket auto warranty is much more desirable since only limited coverage and mileage allowance are allotted per warranty.  With the aftermarket auto warranty, the vehicle owner can benefit from additional coverage for his vehicle according to his warranty contract.  With the used vehicle that has no coverage at all, even the aftermarket auto warranty can be used to provide limited coverage. 

 

Car warranty refers to a particular kind of service, which encompasses the repair and maintenance of the car, from the date of sale for a period of time. The warranty is issued by the car dealer in association with a service vendor. There are two warranty categories. The first category is called genuine car warranty or new car warranty meant for brand new cars. The second category is called used car warranty, issued to aftermarket cars or pre-owned cars. 

As per US federal law, all used car dealers have to issue used car warranty while delivering the car. At least four different packages have to be offered to car buyer. There are possibilities of the dealer persuading the car owner to buy a particular kind of warranty. Check the credibility of such warranties since they could be fraudulent in nature. Any dealer offering fraudulent used car warranty is liable for punishment. Car buyers are protected under a law called lemon law. 

The used car warranty or aftermarket auto warranty is offered on twin basis, either on the distance covered by the car from the date of sale of the car or on the number of days. The package can vary between 3,000 kilometers to 30,000 kilometers. It can also vary between three months to three years. 

 

Auto warranty refers to an agreement executed by a vehicle dealer with the support of a third party vendor to repair and maintain a vehicle for a specified period of time from the date of sale. An auto warranty covers repairs and maintenance cost of vehicles covering the power train, drive train, steering mechanism, power system and brake mechanism. Aftermarket auto warranties refers to warranty extended to used cars or pre-owned cars. 

It is mandatory for every dealer of used cars to issue aftermarket auto warranty to customers. Those dealers not issuing warranty to buyers of used cars are liable for punishment under US federal law. Besides, it is illegal to run the cars on the roads without a valid warranty. On occasions, under pressure, car dealers might offer fraudulent warranties to car buyers. Beware of such aftermarket auto warranties. To ensure that used car owners are not cheated with fraudulent warranties, the US government has evolved law. It is called lemon law. 

Review at least four different offers of aftermarket auto warranties before purchasing a warranty. The warranty period ranges between three months to three years. It is also offered for distance covered between 3,000 kilometers to 30,000 kilometers. Choose a flexible package since it gives you the freedom of changing the warranty if you are not happy with the service provided. 

When one purchases a brand new car, one gets a fresh new car warranty. This is a warranty which is provided by the manufacturer of the car ensuring good quality and after sale service of the warranted parts and fixtures. However after a certain period this warranty expires. The warranty that one can opt for after this original warranty is called the Aftermarket Auto Warranty. It is always desirable to have a warranty for your car as this will help you to get compensation for any defects that may arise in your car. You always have to plan for the losses that come unwarranted and without any notice. Just as we insure ourselves for various contingencies in life, our car also needs some kind of coverage.

An aftermarket auto warranty ensures that in the case of a breakdown or wear and tear of any of the car parts you will be compensated for the loss arising out of such situations. The warranty usually covers most parts of the cars. You have to select from a variety of companies and dealers that offer you aftermarket auto warranty for your car. The direct dealers are expensive but ensure fast repayment of your deals. There are many terms and conditions that need to be checked before dealing with such a warranty and it is advisable you read the terms and conditions carefully. A warranty provides you with the required financial compensation in case of a car breakdown. It is a smart idea to get such a warranty as soon as possible.

The aftermarket auto warranty, as its name suggests, is a type of warranty that can work on both the new car as well as the used car (aftermarket is generally taken to mean that one fits all).  This is highly unlike any other warranty which is often specific to the type of car it covers – normally only a new car warranty would provide coverage for a new car and a used car warranty would provide coverage to a used car.  It is also known as the extended warranty, particularly because it is used in combination of either of these warranties to extend either the life or the coverage of the existing warranty. 
But in addition to this slight anomaly of the aftermarket auto warranty, we add that the aftermarket auto warranty can be obtained at any dealer or service provider after the vehicle purchase – regardless of when and where the vehicle was purchased.  This may not apply to all however.  The aftermarket auto warranty is like no other warranty because it is the only warranty that you would ever be required to purchase (although sometimes other warranties require a transfer fee to be paid for transfer of the coverage from one owner to another).  In this sense, it is the equivalent of a service contract.  The aftermarket auto warranty is however automatically transferable with the sale of the vehicle so long as it is still valid.

The aftermarket auto warranty is one that provides additional support for your new or used vehicle outside of your existing warranty coverage and it may even provide warranty coverage for your entire vehicle if you do not have an existing auto warranty coverage.  The aftermarket auto warranty is often likened to a service contract because unlike other warranties, you have to pay for it.  This means that you are really paying an independent aftermarket auto warranty service provider to provide you with assistance coverage in times of need.

Most people might think therefore that the aftermarket auto warranty is not very useful or beneficial, with the alternative of simply saving one’s money for the rainy day being more favorable.  With the aftermarket auto warranty however, you gain the peace of mind knowing that you do not have to wait to claim your money to fix a vehicle; you do not have to find the nearest bank and then be faced with the problem of not being able to get your money on time. And most of all, you do not have to worry about having enough money in the bank to carry out the necessary repairs.

The aftermarket auto warranty, also known as the extended warranty, is the one warranty that offers the most flexibility and convenience than any other type of warranty service.  The aftermarket auto warranty can cover any type of auto vehicle.  It can be obtained simultaneously with the purchase of a vehicle, or it can be obtained five years after the date of the vehicle purchase.  It can be used with another warranty type, or it can be used on its own.

But why would you want to apply the aftermarket auto warranty on a vehicle that already has a warranty?  The answer lies simply in the fact that the aftermarket auto warranty is one that is meant to provide a subsidy type of coverage on most vehicles.  You have to pay for the aftermarket auto warranty – it cannot simply be given to you unless you purchase a vehicle with an existing aftermarket warranty that the former owner would have paid for.  The aftermarket auto warranty can be purchased at any time after the date of purchase of the vehicle, and it can even be used to extend the life of a current warranty coverage (you pay for coverage for an additional period of time after your first warranty expires) or the limit of your existing warranty coverage.

 Buying a brand new car from the best dealers can assure you of its authenticity and its worthiness. Especially when the car comes with a feasible warranty and guarantee for a year or so. Therefore for one year all possible repairs or any malfunctioning parts of the car will be effectively handled free of charge by the car company. What happens when the warranty period ends? After market warranty is available by many stores, which offer to repair or replace parts at a discount 

After market auto warranty is available for different types of repair or replacements that you might need. The warranty might be for minor repairs only or for major works or both depending on the plan you choose. What is important is the fact the warranty should cover all possible repairs that might arise after a year in any type of car.

 Many after market auto warranties have some form of clause which will not allow the warranty to fix major repairs. So read the rules and regulations and strike a negotiation wherever possible to get a suitable plan for you and your car. The warranty should be able to take your vehicle to and deliver the car back to your home in case it breaks downs on the road.

Whenever a new car is delivered to the owner, the dealer has to offer a service for maintaining and repairing the car for a particular period of time. This service, called auto warranty, is extended by the dealer in association with a third party vendor. There are warranties for used car also. It is called aftermarket auto warranty and widely in circulation in the used car market in the US.

Like the original warranty issued to brand new cars, aftermarket car warranty comes in various choices for the customer. Whenever, you are buying a used car, insist on reviewing at least five aftermarket auto warranties. This will assist you in retaining flexibility over the auto warranty service provider.
There are various categories of aftermarket auto warranty. They are basically divided into warranties based on time and warranties based on mileage covered by the car. Both are equally good. While the aftermarket auto warranty based on time ranges between three months to three years, the aftermarket auto warranty based on mileage ranges between 50000 miles to 100000 miles.

While buying an aftermarket auto warranty, beware of fraudulent schemes. Do not fall prey to attractive schemes since they might contain hidden costs.