Aftermarket Products – Car components are essential but have a certain threshold after which they need to be replaced for better performance. When it comes to buying auto parts, OEM and aftermarket parts are the two most common options. OEM refers to original equipment manufacturers who manufacture original aftermarket parts in the cars they build. Meanwhile, auto aftermarket parts refer to the manufacturing of replacement parts and accessories by a third-party company for various makes and models of cars.
Here’s a complete guide to help you distinguish between OEM and aftermarket parts and help you choose the right parts and accessories to improve your vehicle’s performance.
Aftermarket Products
You can find both types of auto parts i.e. OEM or aftermarket parts at service stations or dealerships.
Oem Vs. Aftermarket: Which Parts Work Best?
OEM parts are made by the same company that made your car. For example, Toyota manufactures aftermarket parts for Toyota models. However, aftermarket auto parts are designed to fit a few models from different brands. You can see differences in price, performance and warranty of OEM and aftermarket auto parts.
For example, you can find different types of headlights in workshops, dealerships or online stores. Among them, you can look for OEM or aftermarket headlights, depending on your vehicle model and budget. Also, the same would be true for other parts like replacing brake pads. You can find both types of parts at repair shops and dealerships, but there may be slight differences in quality and price.
While it can be difficult to identify any difference between OEM parts or aftermarket parts, here are some factors that will help you distinguish between them:
One of the main differences you will notice when buying OEM or aftermarket parts is the price. Aftermarket auto parts cost less than OEMs. Some OEMs have contracts with third-party parts manufacturers, but the cost of OEM parts is still high due to OEM profit margins.
Borgwarner Presents New Products For The Aftermarket At Automechanika Frankfurt 2022
Whether you buy OEM or aftermarket auto parts, quality is always a priority. OEM car parts are of superior quality and work just as well as the original part you are replacing. Meanwhile, the quality of aftermarket auto parts can vary. Some may be as good as OEM, some not so good. The poor quality of car parts may be due to mixing low-quality materials.
Also, you can find high quality parts at service stores that stock replacement parts. You can search for high quality original and used aftermarket parts and accessories in UAE.
OEM auto parts like bumpers, fenders or other parts undergo all the necessary tests like crash test so that OEMs can provide a warranty on their manufactured auto parts. These parts are more stable and durable. Replacement parts are generally not guaranteed.
The decision is difficult. OEMs prioritize quality, but finding a high-quality replacement part is not impossible. With aftermarket parts, you can find one within your budget, but not without compromising on quality. Some parts are essential for safety. Therefore, you must choose the quality ones that suit your vehicle. Also, OEM parts are more expensive than aftermarket ones, but you can find one that fits and fits your car.
Oem Vs Aftermarket Parts: Replacement Parts After A Crash
Also, when choosing between OEM or aftermarket parts, you should always consider your car’s warranty. If you have a car still under the manufacturer’s warranty, always choose OEM parts. Failure to replace defective car components with the OEM may void your warranty.
Also, whether you buy OEM or aftermarket parts, always equip your UAE used car with the best quality. You can find these car parts and components for off-road modifications to your vehicle. Aftermarket auto parts are an important part of the automotive industry. In fact, this sector brings 20% of the revenue to the industry. When someone wants to replace or modify their car’s components, they may turn to parts made by original equipment manufacturers (OEMs), third-party manufacturers, or second-hand equipment. Automotive aftermarket parts are those made by third-party manufacturers that refer to a company other than the vehicle’s original manufacturer. Replacement parts are sometimes referred to as generic, non-genuine and/or competitive replacement parts.
Importantly, there are currently over 230.5 million licensed drivers in the United States. Likewise, the average age of vehicles on American roads is around 11.8 years. Not surprisingly, the total aftermarket auto industry is estimated to be approximately $381 billion in 2020, of which $282 billion is light vehicles alone. Additionally, personal consumption of auto parts hit an all-time high of $50.5 billion in June 2020.
Given the current COVID-19 pandemic, auto DIY projects are seeing a steady rise. Likewise, the online purchase of auto parts has also steadily increased. In fact, the auto parts e-commerce business in North America is expected to exceed $20 billion by 2020. Traditionally, the e-commerce aftermarket industry grows at 3.5% to 3.9% per year. However, in light of the effects of the coronavirus pandemic, aftermarket e-commerce is expected to grow even faster in the future.
What Are Aftermarket Parts
It is also important to note that the digital environment has had a significant impact on the automotive aftermarket in general. Approximately $140 billion worth of parts, components, equipment, accessories and services sold across all sales channels, including physical stores and service shops, have been influenced to varying degrees by the digital environment. By 2023, this impact is expected to increase to $168 billion.
When it comes to auto repairs, some insurers may have the option of using aftermarket parts instead of original equipment manufacturer components. However, many vehicle owners may feel a little concerned as these aftermarket components are not manufactured by the same company as their cars. However, there are more components and accessories from this third-party manufacturer. This guide to aftermarket auto parts will shed some light on auto parts business owners should know about.
The topic of aftermarket parts and accessories has been around for a long time among car enthusiasts. Many people worry about whether aftermarket parts are as good, safe and reliable as their OEM counterparts. But over the years, aftermarket parts have gained a lot of popularity and acceptance as a good alternative to original manufacturer parts. In some cases, they even look better than the car manufacturers, using better materials and more advanced technologies. According to the Insurance Information Institute, aftermarket automotive components must not interfere with the vehicle’s warranty.
That said, it’s important to remember that there are many different types of replacement parts; Structural and cosmetic. According to the Insurance Institute for Highway Safety (IIHS), cosmetic replacement parts do not affect safety. Fenders, side panels, door trims, bumper covers, trim, etc. will not affect passenger safety. Structural parts are directly responsible for the safety of passengers in the event of a failure. According to the IIHS, some aftermarket structural parts may meet these requirements.
Automotive Aftermarket Parts
When it comes to safe structural components, buyers need to make sure they are Certified Automotive Parts Association (CAPA) certified. The association has very high standards and guidelines when it comes to replacement parts. CAPA performs several tests in the production of materials, quality and integrity of the pieces. To be CAPA certified, aftermarket components must be considered “functionally equivalent” to their OEM equivalents. Compared to some insurers’ requirements that parts must meet a standard of assessment “as of type and quality”, the “functionally equivalent” CAPA certification mentioned above is a strong alternative to both. While the “goodness and quality” requirement generally does not include crash test function and/or performance, a CAPA certification does.
Aside from the fact that aftermarket products are more readily available than their OEM variants, they can also help shoppers save more money. According to the Property Casualty Insurers Association of America (PCI), replacement parts save consumers $1.5 billion. OEM parts are typically 60% more expensive than those produced by third-party manufacturers. Some insurers choose to use replacement components after accidents because of this cost savings.
Given the proliferation of the automotive aftermarket e-commerce industry, more and more auto parts companies are looking to enter the online marketplace. However, most of them are not ready to make the transition. While some lack the necessary technical skills and knowledge, others lack a comprehensive business plan and strategy. There are those who lack the digital capabilities to run their car or truck parts business, at least partially online. This guide to aftermarket car or truck parts will also give you some information on how to do the conversion.
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