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Here's another term like "Billet" that gets thrown around in reference to parts.
NOS
I always took this to mean "New Old Stock". That should translate to New (usually Genuine) parts that have never been used, but may be aged from setting on some parts shelf somewhere.

I've seen this term used to represent Replacement parts that are recently manufactured. These parts are rarely "Genuine" and some may have questionable fitment and quality.

Greg
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Here's another term like "Billet" that gets thrown around in reference to parts.
NOS
I always took this to mean "New Old Stock". That should translate to New (usually Genuine) parts that have never been used, but may be aged from setting on some parts shelf somewhere.

I've seen this term used to represent Replacement parts that are recently manufactured. These parts are rarely "Genuine" and some may have questionable fitment and quality.

Greg
Right on both points. NOS means exactly what your first sentence said. When suppliers use the term loosely, they are either ignorant of the meaning or trying to pull the wool over potential customers' eyes. As we in Speedsterland are well aware, there are a lot of repro parts available for our cars that are pretty crappy, cheaply made but not all that cheap to buy.
"there are a lot of repro parts available for our cars that are pretty crappy,"

You're SO RIGHT ! I just recently started to see NOS applied to old original VW parts that are barely used or refurbished to "like new" condition.

NOS now seems synonymous with Original Manufacture in a LOT of instances. Probably because of the newer junky stuff and an attempt to distance their parts from them.

Maybe?
"OEM=original equipment manufacturer"

If somebody claims to be offering an "OEM" part, it has to be the same part that they once supplied as original equipment. Volkswagen can't claim to be the OE supplier of Porsche transaxles (which, they were), start producing new, completely different transaxles, and pass them off as "OEM".

"OEM" inherently implies that the part meets the exact "Original Equipment" specifications.
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