22. July 2014
Usually, motorists will buy an aftermarket auto warranty or an extended auto warranty for their cars when the factory warranty terminates. When you buy an aftermarket auto warranty, your warranty provider provides coverage for replacement and repair of certain car parts. Here are some things to keep in mind when deciding to buy an aftermarket auto warranty:
An aftermarket auto warranty generally does not cover the costs of replacement and repair of parts that break down as a result of wear and tear. An aftermarket bumper-to-bumper warranty provides coverage for most parts in your car, generally with the exclusion of parts such as brakes, tires, and other wear and tear parts. It is smart to invest in a warranty that can cover wear and tear parts in addition to other parts because about eighty percent of your car’s repair costs are a result of wear and tear issues. An auto warranty that covers wear and tear problems will save you money, especially for older cars.