Looking for OEM Parts?
At Suburban Auto Body, we do everything we can to use brand new, never-touched parts, because we know that’s what most of our customers prefer. If you’re not sure what this means, keep reading. And if you don’t care about OEM parts and prefer we use a less expensive option, that’s your call—sometimes an aftermarket part can be the best solution. Our main priority is satisfying your needs.
Are OEM parts a necessity for you? We’ve got you covered. Click here to schedule an appointment today!
What’s the Difference?
If you’re like most car owners, you may not know the difference between an original equipment manufacturer (OEM) part and an aftermarket part. Knowing the difference can help you choose the right product for your vehicle.
- Original Equipment Manufacturer (OEM) Parts
These are parts made directly by the vehicle manufacturer to fit the specifications of a particular make and model. They are made to fit perfectly to your vehicle, but they tend to cost more money as a result.
- Aftermarket Parts
These vehicle parts made by a third party – not sourced from the vehicle’s maker. A number of companies make parts that are designed to fit the specifications of many different types of vehicles, not just a single make and model. Aftermarket parts are not always a perfect fit, but they are often much cheaper.
Which Parts Are Better?
Since OEM parts come straight from the manufacturer, they typically offer a better fit. But in the end, it kind of comes down to personal preference. Does it matter to you whether your vehicle is repaired with parts made by the manufacturer, or do you just want your vehicle fixed at the most affordable price?
Basically, an OEM part is “name brand” and an aftermarket part is “generic.”
Will My Insurance Cover OEM Parts?
According to Minnesota law, your insurance company “must restore your vehicle to the condition it was in before it was damaged.” Any parts replaced on your damaged vehicle must be OEM parts, unless you agree to aftermarket parts. However, the OEM parts do not have to be new if your vehicle was not new at the time it was damaged.
Insurance Terms to Know
Minnesota law states: Two terms used in association with vehicle repair can affect the settlement of your claim: “betterment” and “depreciation.”
- Betterment means that your vehicle is better than it was before it was damaged; the insurance company can reduce your settlement only if your vehicle’s resale value has increased over what it was before the accident. Generally, the company will deduct the difference between the cost of a used part (appropriate for the age and condition of the vehicle) and the cost of the new part. Betterment is considered only for major parts such as transmissions, engine blocks, etc. Items such as fenders and tires do not generally increase the overall resale value enough to merit a betterment reduction.
- Depreciation refers to a reduction in your settlement based on the age or use of a part being replaced. Certain parts on your vehicle have a “life expectancy,” and an insurance company may take this into consideration. For example, if a tire on your car is expected to last 60,000 miles, and it had 30,000 miles on it at the time of the accident, the insurance company may pay only 50 percent of the cost for a new tire.
Other things to keep in mind
- Most automakers will provide a warranty for their OEM parts, while some aftermarket parts are sold without a warranty to keep costs down.
- Aftermarket parts can decrease a vehicle’s book value.
- If you lease a car, using aftermarket parts on a repair may cost you part or all of your security deposit.
- Junkyard parts are OEM parts, only used.
Still Not Sure Whether to Choose OEM Parts?
Suburban Auto Body offers auto body repair utilizing both OEM parts and aftermarket products, depending on what our customers prefer. We are happy to chat with you further about the differences between OEM parts and aftermarket products, and discuss pricing, as well as warranties or guarantees. Just give us a call at 651.633.8900, or send us an email – we’ve got your back!