aftermarket

[af-ter-mahr-kit]

aftermarket Definition

the market for parts and accessories used in the repair or enhancement of a vehicle or other product, especially a car.

Using aftermarket: Examples

Take a moment to familiarize yourself with how "aftermarket" can be used in various situations through the following examples!

  • Example

    He bought an aftermarket exhaust system for his car.

  • Example

    The aftermarket for car parts is a multi-billion dollar industry.

  • Example

    Many people prefer aftermarket parts because they are often cheaper than original equipment manufacturer (OEM) parts.

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Summary: aftermarket in Brief

'Aftermarket' [af-ter-mahr-kit] refers to the market for parts and accessories used in the repair or enhancement of a vehicle or other product, especially a car. It is a multi-billion dollar industry and many people prefer aftermarket parts because they are often cheaper than original equipment manufacturer (OEM) parts.