Warranty is a concept under which a manufacturer assures to maintain, repair and service the product for a prescribed period of time. This is to ensure value for money for the customer. It is also aimed at protecting the interests of the consumers. Warranty is issued to all categories of consumer products. Warranty is also issued to any vehicle. The warranty for any vehicle is called auto warranty. The auto warranty comes in two categories. The two categories are called new car warranty and used car warranty. 
The new car warranty is issued to brand new cars while the used car warranty is given to used cars or pre-owned cars. The used car warranty also has another name, called aftermarket auto warranty. The used car warranty is priced higher when compared to the new car warranty considering the risk of insuring an aged car. The risk of repairing and maintaining a used car is much higher. The auto warranty is offered by the car manufacturer and executed by the auto dealer. The auto warranty is serviced by a third party agent authorized by the auto dealer. Check with the local auto dealer before finalizing the warranty. If possible, hire the services of an auto consultant.