When the need to replace a failed car part arises, most car owners are baffled by the variety of choices and replacement parts available online and otherwise. Great quality and value for money are often the most important criteria car owners have on their mind while choosing replacement parts. This article will help you understand the different types of parts available, and help you select the proper type for your car saving you hard earned dollars. Here is an ultimate guide to the replacement parts available and the pros and cons of each.

Replacement parts are often classified based on the manufacturer and how they are sold to you. Here are the top categories.

Genuine Parts

A genuine part was originally put in your car when it was being assembled in the factory. The genuine part is often used when it is still under warranty and you re not required to pay for it.

OEM Replacement Parts

OEM means Original Equipment Manufacturer. OEM replacement parts are built by the company that originally made it for your car company. It is the exact same part that came fitted in your car when it arrived from the factory at the dealership. OEM replacement parts are the exact same as genuine parts but are a much better value. These OEM replacement parts are now available online with reputed dealers such as, 247 Honda Parts, who offer affordable real Honda parts.

If your car is only a few years old, it is best to go for OEM replacement parts to get the est match for the same part that was originally in your car and at a better price than the genuine part.

Aftermarket Parts

Aftermarket parts are made by a company other than the original manufacturer.  These parts are copies of the genuine parts and may look or perform differently than the original part. These parts may be cheaper at the outset but may cost you more in the long term due to low efficiency or performance. Aftermarket parts are not as reliable as OEM replacement parts.

Rebuilt Parts

A rebuilt or remanufactured part is a used component that was completely taken apart and fitted with new parts. Such parts are obviously cheaper than OEM replacement parts but there is no guarantee that they will perform the same or last long enough.

Refurbished or Recycled Parts

Refurbished parts are used parts that are just cleaned and still have some level of wear and tear. These are not reliable and are very cheap as compared to other parts.

How to Select a Replacement Part for Your Car?

The best replacements for any car parts are OEM replacement parts. They are cost effective in the long run, are safe and reliable to use, have the highest quality and are warranty backed.

To lookup the best, affordable real Honda OEM parts, visit trustworthy online dealer, www.247hondaparts.com.