Should you use cheaper generic automobile parts? This article will tell you what you need to know about the importance of using Toyota OEM parts. For those who might not know, OEM stands for Original Equipment Manufacturer. Many people today believe in saving a buck wherever possible without considering the consequences of going generic. Generic may be okay for medicine, but when it comes to automobiles, it’s a horse of a different color. Back in 1999, one prominent automobile insurance company lost a $1.2 billion lawsuit for requiring that repairs be made using generic parts instead of OEM parts. This may seem extreme, but once you read the rest of the article, you might change your mind.
First of all, let’s discuss the money. There are many generic parts available at cheaper prices than some Toyota OEM parts. However, if you don’t use Toyota genuine parts, you could be losing your warranty. It is common practice for manufacturers of all types of equipment, including cars, to void the warranty and not cover the cost of repair if they find generic parts. Why? Because the generic parts have not been tested by Toyota and therefore they could have caused the problem. It would not be fair to expect a manufacturer to be responsible for repairs that might have been caused by faulty generic parts. Actually, using genuine Toyota parts could save you money in the future.
Another way that generic or after market parts can hurt your wallet is that they may decrease the value of your car. This is especially important when you get ready to trade or sell your vehicle. Using Toyota OEM parts will ensure that your car retains its value year after year. There is also a safety issue involved. OEM parts have more research backing them and allow you to feel safer in your vehicle than the cheaper after market parts. How can we put a price tag on safety?
Lastly, you need to know that not all insurance companies and repair shops automatically use OEM parts when repairing your vehicle. A recent study showed that more than half of Americans do not know if their insurance company requires the use of OEM parts when the vehicle is being repaired. Usually, repairs happen after accidents, so it is not the best time to be worrying about it. Check with your insurance company to be sure. Ask questions! Then ask your mechanic or repair shop the same questions. Be persistent to make sure that you are getting the repair service you and your vehicle deserve.
Now that you know the risks involved in using non-OEM parts in or on your vehicle, you need to follow up and make sure that your insurance company guarantees that only OEM parts are used, or at least find out how much you would have to pay out of pocket to always have OEM parts. Even if it costs you more, it will be worth it in the long run. Plus, you will have more confidence in the value and safety of your vehicle.