Overview: Aftermarket Parts Industry
The global aftermarket parts industry was valued at $721 billion in 2021. The U.S. alone accounts for 45% of the market ($325 billion), as per 2021 statistics. But what are aftermarket parts?
Aftermarket parts can be defined as replacement parts made or remanufactured to replace original parts. Accessories also qualify as aftermarket parts. They are designed as add-ons after a vehicle is sold. They are meant to add comfort, performance, convenience, safety, or customization. Typical examples of aftermarket car parts for vehicles include batteries, tires, brake parts, filters, suspension, turbochargers, wheels, and body kits.
How to Choose the Right Aftermarket Parts for Your Vehicle
The most notable considerations when choosing aftermarket parts include;
1. Understand the Types of Aftermarket Parts and Quality Standards
To get the right aftermarket parts for your vehicle, you need to be knowledgeable. Aftermarket parts can either be cosmetic or structural. You should have some information about the aftermarket part brand or model that will work with your car. Generally, aftermarket parts meant for cosmetic reasons, such as bumper covers and trims, fenders, door skins, etc., don't impact passenger safety as per the IIHS (Insurance Institute for Highway Safety).
However, structural parts have an impact on passenger safety in a crash, making them subject to some requirements. The right structural aftermarket parts should be certified by CAPA (Certified Automotive Parts Association) - a recognized authority on the quality and safety of aftermarket parts. CAPA is responsible for certifying 128 million+ replacement parts to date. The Association only certifies parts that are considered functionally equivalent to their original (OEM) counterparts. CAPA-certified parts have the distinct yellow and blue seal of quality.
While there are aftermarket car parts that are high-quality and safe that aren't CAPA certification, the certification is an added advantage when choosing aftermarket parts. If CAPA certification is missing, consider other quality standards verification before purchasing. The product description section of the aftermarket part in question should have this information.
2. Warranty
You also want to choose parts that come with a warranty. It is possible for some certified parts to have manufacturer defects. Warranties protect you against such eventualities. If the aftermarket part in question fails prematurely, you can get a replacement part or a refund. The right aftermarket parts will come with some form of guarantee i.e., the part should serve you past a specified time or distance. Failure before such milestones are met should warrant a refund or replacement.
2. Consider Cost
The right aftermarket part for you is one that matches the fair market price. Different parts will vary in price depending on where you are buying. It's advisable to compare costs to have a rough idea of the fair price of the part in question. However, remember that cheap is expensive. Overly cheap aftermarket parts are usually substandard counterfeits of high-quality brands. Research widely and check the cost with bigger companies and online websites. The right aftermarket part price won't fall way beyond the average price.
4. Consider Compatibility and Originality
Even if the price is right and you are getting a warranty, don't forget to ensure the parts are compatible with your vehicle. This consideration will save you precious time and resources. It's also advisable to research widely and ensure you are getting the original part and not a counterfeit version of an aftermarket part.
5. Shop with Reputable Aftermarket Parts Companies Only
If you stick to reputable aftermarket parts companies, you don't need to worry about compatibility, originality, and factors like warranties. You can trust that they have been tested and proven besides them offering other benefits like great prices and a wide variety of parts. The aftermarket car parts industry is full of unscrupulous people out to cash in on the lucrative market. You should check verifiable reviews online (i.e., Google Reviews) to gauge the reputation of a company before you transact.
Are you looking to buy aftermarket parts online from a trusted provider? Order online at Partsmax Autoparts. Alternatively, you can visit Partsmax's physical retail store in person if you live in South Florida or neighboring environs. Partsmax is the largest vehicle parts warehouse in Florida for aftermarket parts and high-quality vehicle accessories. Check our reviews on Google and Facebook.
FAQs About Aftermarket Parts
Are Aftermarket Parts Good?
Yes! Provided you buy from a reputable company, you can rest assured about everything, including quality.
What are the Benefits of Aftermarket Parts?
Aftermarket parts can make your vehicle stand out. The parts also tend to be more affordable when compared to OEM parts. Aftermarket parts can also offer high-quality.
OEM vs. Aftermarket. Which is Better?
High-quality aftermarket vehicle parts can be as good or better than OEM parts, provided you source them from a reputable seller.