As far as a definition goes, OEM stands for 'original equipment manufacturer.' ...

Original equipment parts (OEM) parts are components used on or in a vehicle that come from the original equipment manufacturer. Understanding the difference between OEM parts and aftermarket parts can ...

Aftermarket parts are generally less expensive than OEM parts, although the price varies by brand. Regardless of the brand, using aftermarket parts will typically cost less than OEM parts. According ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...