How To Get Financing For Aftermarket Car Parts

Many people think of financing in terms of vehicle purchasing. In a typical financing plan, buyers can spread out payments over a period spanning 24 to 36 months. Fortunately these days, buyers who wish to upgrade their vehicles can also get financing on aftermarket parts. Aftermarket parts are designed to add more practicality and utility to trucks, cars, and SUVs. These parts range from performance parts, work parts such as tow hooks and shackles, off roading gear, or general protection of truck bumpers, radiators, and grille. With financing, you will not have to shell out all money at once, and the protection can help drivers save on the costs of repairs in the long run.

Bill Me Later

Bill Me Later is one of the most effective ways to get financing for aftermarket parts. Bill Me Later is a secured financing company in partnership with PayPal. When looking for financing for aftermarket parts, simply ask if the store will let you check out online with Bill Me Later. This payment program offers low financing and relatively easy credit approval. Purchasing with Bill Me Later can be completed in one of two ways.

If you do not have a PayPal account, you will need to sign up for PayPal first. Choose to checkout with PayPal when you are making your purchase. Create a PayPal account and select Bill Me Later as an option. You will be asked to fill out a short form and then wait for approval. This type of approval is usually instant and your purchase process is complete. If for whatever reason your application is not approved, you will simply be re-directed to your site and can choose other payment options.

If you already have a PayPal account, you can simply sign in to PayPal from a store checkout page and pick Bill Me Later as your checkout option. You will be asked to fill out the short form and wait for their approval. If the application is approved, then your purchase is complete. If not, then you will have to pay through PayPal the standard way.

Bill Me Later is currently a very popular option for financing due to customer choice such as offering interest free payments if the customer pays off balance in six months. Alternatively, the customer can chose to make no payments for 90 days, and then follow up with a low interest rate.

Other Financing Options

Other financing options also exist for getting the right aftermarket parts for vehicles. Many companies offer coupon codes for purchasing bulk orders. It is advisable to call companies ahead to arrange discount for bulk orders. Other financing options that are available include student discounts, military discounts, and layaway plans. These typically vary by company and shoppers can normally obtain these rates by contacting a representative.

Conclusion

While most people use financing plans to pay off their vehicles, few people realize that they can get financing on aftermarket parts to improve their vehicles over time. Whether a car owner needs performance parts, work parts, or protection from damage, getting financing for these parts can be simple with today’s fast and efficient options.

Aftermarket, OEM, OE Auto Parts Explained

Aftermarket, OEM, replacement parts–you see these words in almost all auto parts stores online. What do these terms mean?

For a passive buyer, these things are but ordinary terms used in the automotive market but for someone meticulous and who wants the best for his auto, these things matter considerably. Deciding which among these to purchase is just like deciding what car to buy.

O.E.M. stands for Original Equipment Manufactured. This means that OEM Ford parts are manufactured by Ford itself, Chevrolet parts are manufactured by Chevrolet, Toyota parts by Toyota, BMW parts by BMW and so on. The terms O.E.S. and OE are also used; these mean Original Equipment Supplied and Original Equipment, respectively. While in many cases, OEM and OES mean the same, OE is more general referring to any part that came as original equipment on the car. Some of OE car parts and components are not actually made by the car manufacturer but are purchased and assembled by the automakers to create a vehicle.

Those referred to as “aftermarket auto parts” are not made by the original car manufacturer; furthermore, they are bought and added to the vehicle only at the dealership or after the vehicle left the dealership. In terms of design and function, aftermarket products are almost the same as the stock auto parts since they are primarily used to replace a damaged original part so that the vehicle can continue to run. If you need replacement parts for your car, however, you can either buy O.E.M. or aftermarket auto parts. There are numerous sources of aftermarket auto parts. Stores like Auto Parts Discount give you a great variety of parts for almost all makes and models.

Some cars, especially the base models are not completely equipped so users just add aftermarket parts later on. For example if you have purchased an old Toyota Corolla, you can add aftermarket Toyota fog lights, Toyota spoiler, Toyota turn signal light or Toyota mirrors. Aftermarket products can also help you give your car a fresh new look. Even if your original parts are not yet damaged or worn out, you can replace them with or add specially designed aftermarket auto parts like Honda taillights, Ford center cap, Chevrolet chrome bumper, and Mercedes Benz Front Cover Towing Eye found at Auto Parts Discount.

Enthusiasts, on the other hand would opt for custom parts and specialty equipments. Compared to a universal fit auto part, which can be installed to any vehicle make, year and model, custom aftermarket products are designed to fit only a particular application. Examples of custom parts are your Ford hood, Ford fender and Ford doors. Specialty equipments on the other hand, are intended to make the vehicle more stylish, comfortable, convenient and more up-to-date.

Most auto users prefer aftermarket products because they are less expensive than OEM replacements. While it is true that there may be some aftermarket auto parts that do not meet high standards of original equipments, it is not right to say that aftermarket products are generally inferior in terms of quality and style. Replacement parts sold at Auto Parts Discount, for example are made by car parts manufacturers that are mandated by high international standards.

Which is better, OEM or aftermarket replacement part? It depends on the product. Some OEM parts are not durable enough while the aftermarket parts you use to replace them could last for many years. If you want to give your car a different look and also, if you want to save, aftermarket products are worth a try. However, make sure to get these replacement parts from trusted sources.

Buy Aftermarket Auto Parts Online and Save!

The internet has proven itself over and over again to be a great source for comparative shoppers looking to save money. The newest internet opportunity to saving your valuable dollars is on costly truck and car repairs. Auto repair savings has historically been limited to the Do it Yourselfer or the backyard mechanic – ultimately the savings came in the form of labor. Thankfully, those days are over, as more individuals are utilizing the internet to source and purchase the auto parts they need online and then bringing them to a local garage or backyard mechanic have them installed. The internet provides bumper to bumper coverage of virtually any and all truck and car parts and can offer significant savings over the local auto parts store. I have heard of savings of over 70% on some aftermarket parts. If you take the old standard calculation of car repair costs into consideration (50% parts + 50% labor) the overall savings could be as high as 35%.

Let’s take a typical 4 wheel brake job as an example. The vehicle I used was a 2001 Chevy Cavalier – 2.4 litre engine with front disc brakes and rear drums. I made a few calls to local auto parts stores (I purposely avoided dealerships and OEM parts to generate a better price comparison). I did not include calipers.

I was able to source front semi-metallic brake pads, front rotors, rear brake drums, rear brake shoes and new brake hardware online for $101.40 which included shipping and any and all applicable taxes – delivered to my door! The same brake parts (I specifically did not select any parts they classified as “Premium” level parts) from a local auto parts store came in at $345.47. To be honest I was a little shocked by the fact that I could save over 70% on aftermarket brake parts. I thought a 70% savings would be specific to parts that were normally “dealer” specific.

Couple of other things to take into consideration, I have heard that garages are starting to charge a higher hourly rate if you bring in your own parts, a corking fee if you will. Not unusual as they typically mark up auto parts that they purchase for you by at least 20%. The overall extra cost to you however is minimal as they usually receive a garage discount from the auto part store.

Another important consideration is to make sure you purchase the right auto parts online – determining with 100% accuracy which auto part fits your vehicle can be very difficult. Most online stores offer toll free numbers and friendly knowledgeable staff that will cross reference your vehicle to ensure you get the right parts. You don’t want to end up with parts you can’t use and have to potentially ship back at your expense (some online stores also charge a re-stocking fee). Another option is to contact a dealer to confirm the part numbers you need before you go online to purchase. Dealerships can use your VIN # and provide another level of accuracy when it comes to identifying the right part for the right vehicle.

Bottom-line, there are significant savings available online for auto parts. The days when the only way to save money on auto repairs was to do it yourself or hire the local backyard mechanic are gone.