In the example of vehicle maintenance, it’s quite crucial to notice the difference between OEM parts and brand name parts for efficient parts purchasing in the future. First, OEM parts are identified as either the car manufacturers or their licensed suppliers. They’re meant to be able to perform as required, if not better. On the other hand, brand name parts are those put out by other companies and could be of diverse quality and price. So whenever you consider the different kinds of part, consider the fact that different parts have different specifications in terms of price, quality, and how common they are.