The Automotive Recyclers Association (ARA) believes that following the verdict against State Farm, many in the media and insurance industry have misled the public about a potential monopoly for new OEM replacement parts absent the availability of aftermarket parts. How so?
We have all forgotten about the value of recycled OEM replacement parts as a viable alternative to new or non-OE replacement parts.
The ARA cites as an example the pronouncement in December by the Alliance of American Insurers, a national trade association representing 317 property and casualty insurance companies, that OEMs charge 60 percent more than distributors selling “identical”