What is an aftermarket customer?
Aftermarket (merchandise), any market where customers who buy one product or service are likely to buy a related, follow-on product. Aftermarket (automotive), the addition of non-factory parts, accessories and upgrades to a motor vehicle also to include removal of parts after vehicle is placed on market.
What is aftermarket strategy?
A very simple aftermarket strategy is to deeply discount the primary product in order to entice new customers into the installed base. The idea is, even if the primary product is unprofitable, a profitable business can evolve in the long-term through aftermarket sales.
What aftermarket means?
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 aftermarket in manufacturing?
Aftermarket parts are replacement parts that are not made by the original equipment manufacturer. Aftermarket parts are used to replace damaged parts in automobiles and other equipment, but their use may alter the coverage of an insured item.
What happens if I install an aftermarket part?
The FTC says that the manufacturer or dealer must PROVE that the aftermarket or recycled part caused the need for repairs before denying any warranty coverage. In addition to the protection provided under the Magnuson-Moss Warranty Act, SEMA is also working to defend your right to modify your ride.
What are the different types of aftermarket parts?
“Aftermarket parts” generally mean sheet metal or plastic parts that constitute the exterior of a motor vehicle, including inner and outer panels. A “non-original manufacturer” means a manufacturer other than the original manufacturer of the part. There are three sources for crash parts used to repair damaged vehicles:
Is the use of aftermarket crash parts warranted?
THIS ESTIMATE HAS BEEN PREPARED BASED ON THE USE OF AFTERMARKET CRASH PARTS SUPPLIED BY A SOURCE OTHER THAN THE MANUFACTURER OF YOUR MOTOR VEHICLE. THE AFTERMARKET CRASH PARTS USED IN THE PREPARATION OF THIS ESTIMATE ARE WARRANTED BY THE MANUFACTURER OR DISTRIBUTOR OF SUCH PARTS RATHER THAN THE MANUFACTURER OF YOUR VEHICLE.
Is it safe to use aftermarket car parts?
Collision-repair associations and repair shop owners generally believe that aftermarket parts are unsafe because they are inferior to OEM parts in fit and finish. Vehicle manufacturers generally believe that because the safety impact of non-OEM parts is uncertain, OEM parts should be used to ensure a vehicle performs to its original specifications.
What do you need to know about aftermarket parts?
The model regulation requires that an aftermarket part manufactured after the effective date of the regulation carry sufficient permanent identification to identify its manufacturer. The identification must be accessible to the extent possible after installation. Like Kind and Quality
What’s the difference between OEM and aftermarket parts?
Non-OEM parts, also called aftermarket or generic parts, are not made by the original manufacturer. There are three main positions on aftermarket crash parts, according to the GAO. Collision-repair associations and repair shop owners generally believe that aftermarket parts are unsafe because they are inferior to OEM parts in fit and finish.
Are there auto insurers requiring use of aftermarket parts?
2009-R-0398 AUTO INSURERS REQUIRING USE OF AFTERMARKET PARTS By: Janet L. Kaminski Leduc, Senior Legislative Attorney You asked if other states regulate an auto insurer’s requirement that vehicle repairs be made with parts supplied by non-original equipment manufacturers (non-OEM) and if any require disclosure of the requirement. SUMMARY
Can a repair shop install a non-original Crash part?
An insurer shall not require that a repair shop install non-original manufacture replacement crash parts, or limit payment to the cost of a non-original manufacture replacement crash part, unless those parts comply with section 2695.8 (g) (4) and carry sufficient permanent, non-removable identification so as to identify the manufacturer.