When it comes to maintaining and repairing equipment, costs can add up quickly. Whether you operate forklifts, trucks, or other machinery, the price of replacement parts is often a major expense.
Many businesses and mechanics assume that original equipment manufacturer (OEM) parts are the only reliable option, but that’s far from the truth. Aftermarket parts offer a smart alternative, providing the same functionality at a significantly lower cost. In fact, aftermarket parts typically cost 30% less than OEM parts while still delivering solid performance.
If you’re looking for ways to cut costs without compromising quality, aftermarket parts could be the perfect solution.
What Are Aftermarket Parts?
Aftermarket parts are replacement components made by third-party manufacturers rather than the original equipment manufacturer. These parts are designed to function just like OEM parts but come at a fraction of the cost. The aftermarket industry is vast, with reputable manufacturers producing high-quality parts that meet or exceed OEM specifications.
These parts are available for a wide range of equipment, including forklifts, cars, industrial machinery, and heavy-duty trucks. From brake pads and filters to hydraulic components and engine parts, aftermarket options exist for nearly every type of repair or maintenance need.
Why Are Aftermarket Parts Cheaper?
Many people assume that lower prices mean lower quality, but that’s not always the case with aftermarket parts. Several factors contribute to their affordability:
- Lower Research & Development Costs – OEMs invest heavily in designing and testing parts for new equipment models. Aftermarket manufacturers, on the other hand, produce parts based on existing designs, reducing overhead costs.
- No Branding Markups – OEM parts often come with a premium price simply because of the brand name. Aftermarket manufacturers don’t carry the same brand recognition, allowing them to sell at lower prices.
- Increased Competition – While OEMs have exclusive rights to their parts for a certain period, the aftermarket industry is full of competition, driving prices down while still ensuring quality.
- Wider Availability – Many aftermarket manufacturers produce parts for multiple brands and models, giving them the ability to sell at higher volumes and lower prices.
How Aftermarket Parts Can Save Your Business Money
If you run a business that relies on forklifts, trucks, or other industrial equipment, switching to aftermarket parts can lead to significant cost savings. Here’s how:
Lower Upfront Costs
The most obvious advantage of aftermarket parts is their price. Businesses can save thousands of dollars annually simply by opting for high-quality aftermarket replacements instead of OEM parts.
More Purchasing Options
Unlike OEM parts, which are often sold exclusively through dealerships or brand-specific suppliers, aftermarket parts are available from multiple vendors. This gives you the ability to shop around, compare prices, and find the best deals.
Better Availability & Faster Shipping
Waiting for OEM parts can cause costly downtime, especially if a piece of equipment is out of service while you wait. Many aftermarket parts are readily available and can be shipped faster, reducing downtime and keeping operations running smoothly.
Similar or Even Improved Performance
Many aftermarket manufacturers go beyond simply replicating OEM designs. They may improve materials, enhance durability, or add innovative features, sometimes making the part even better than the original.
Are Aftermarket Parts Reliable?
Absolutely! Many aftermarket parts are built to meet or exceed OEM standards. The key is purchasing from reputable manufacturers and suppliers. Look for:
- ISO-certified parts, which indicate quality control and manufacturing standards.
- Warranties, as many aftermarket companies offer guarantees similar to OEM warranties.
- Customer reviews and industry reputation. Checking feedback and ratings can help ensure you’re buying a reliable product.
If you want to learn more about high-quality aftermarket parts and their benefits, reputable sources such as the Automotive Aftermarket Suppliers Association (AASA) provide industry insights and guidance.
When Should You Choose Aftermarket Over OEM?
While aftermarket parts are a great way to save money, there are situations where choosing OEM might still be the better option. For example, if your equipment is under warranty and using non-OEM parts could void it, sticking with OEM might be a safer choice. However, if your warranty is expired or if the part in question does not affect warranty terms, aftermarket parts are often the smarter financial decision.
In industries like material handling and logistics, businesses have already embraced aftermarket solutions. Leading parts suppliers, such as Intella Parts, specialize in high-quality aftermarket forklift parts, offering cost-effective alternatives without sacrificing reliability.
For further insights into the reliability and advantages of aftermarket parts, organizations like the Motor & Equipment Manufacturers Association (MEMA) provide research, advocacy, and resources supporting the aftermarket industry.
Final Thoughts
If you’re looking for a smart way to cut costs while maintaining the performance and longevity of your equipment, aftermarket parts are worth considering. They provide significant savings, greater availability, and in many cases, performance that matches or exceeds OEM standards. By choosing wisely and purchasing from reputable sources, you can keep your business running efficiently without breaking the bank.
So before you pay a premium for an OEM part, take a moment to explore aftermarket options—you might be surprised at how much you can save without sacrificing quality.
Cover photo credit: Sam McCool / Pexels
