What does aftermarket stand for?

What does aftermarket stand for?

Definition of aftermarket 1 : the market for parts and accessories used in the repair or enhancement of a product (such as an automobile) 2 : a secondary market available after sales in the original market are finished a movie in the videocassette aftermarket.

What is the difference between aftermarket and OEM?

OEM stands for Original Equipment Manufacturer, which means the parts are made by the same company that makes the vehicle. Meanwhile, aftermarket parts are produced by a different parts company and are often designed to be compatible with as many makes and/or models as possible.

What is aftermarket buying?

Aftermarket (merchandise), any market where customers who buy one product or service are likely to buy a related, follow-on product. The market for parts that are no longer made, see new old stock.

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What is another name for aftermarket?

Aftermarket synonyms In this page you can discover 3 synonyms, antonyms, idiomatic expressions, and related words for aftermarket, like: auto-parts, and oem.

Are aftermarket parts new?

What Are Aftermarket Parts? Aftermarket parts, also called generic parts, are made by a company other than your vehicle’s original manufacturer. They’re brand new replacement parts—not used parts. They’re made by a third-party manufacturer, so they might not be a perfect fit the same way OEM parts are.

Should I buy from aftermarket?

The short and simple answer is yes, in some cases it can be dangerous to purchase a vehicle with aftermarket parts installed by a previous owner or unqualified shop. However, there is a fine line between cars modified in a safe way and ones that are modified in an unprofessional or illegal manner.

How do you buy aftermarket?

To execute an after-hours trade, you log in to your brokerage account and select the stock you want to buy. You then place a limit order similar to how you’d place a limit order during a normal trading session. Your broker may charge extra fees for after-hours trading, but many don’t, so be sure to check.

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What’s the opposite of after market?

Original Equipment Manufacturer (OEM) vs. An OEM is the opposite of the aftermarket. An OEM refers to something made specifically for the original product, while the aftermarket refers to equipment made by another company that a consumer may use as a replacement.

Are Aftermarket Parts new?

What is an aftermarket Rolex dial?

Aftermarket dials have been repainted and applied. This means the “ROLEX” print is not authentic and is not applied by the manufacturer. Beware of misleading descriptions from online sellers. Below is an example of an aftermarket diamond & sapphire bezel and aftermarket diamond dial being portrayed as 100\% factory.

What is aftermarket certified?

Aftermarket parts are replacement parts used in car repairs. They are not made by the car’s original manufacturer, unlike original equipment manufacturer (OEM) parts, which are. Certified aftermarket parts are less expensive than OEM parts and should not impact your car’s safety or warranty.

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What does the term “aftermarket” mean?

The definition of aftermarket refers to the buying and selling of parts or equipment for a product after the initial product was manufactured and sold.

What is an authorized aftermarket manufacturer?

“Authorized aftermarket manufacturer” means an organization that fabricates an electronic part under a contract with, or with the express written authority of, the original component manufacturer based on the original component manufacturer’s designs, formulas, and/or specifications.

What is another word for aftermarket?

Aftermarket synonyms – Other Words and Phrases for Aftermarket – 6 adjectives. backup. post-market. after-sales. n. after-sale. post-sale. aftersales.

What are aftermarket parts and LKQ parts?

Aftermarket parts are manufactured by a different company other than the Original Equipment Manufacturer (OEM) of your vehicle. These parts are made to “resemble OEM standards” and are often less expensive than OEM parts. LKQ stands for “Like Kind in Quality”. These are undamaged parts that were salvaged from a car that was deemed un-repairable.