Memorial Day Deals on Tires, Auto Parts, Gear, & Accessories 2023

May 31, 2023 Yura

Our car experts choose every product we feature. We may earn money from the links on this page.

Nexpow Front and Rear HD Dash Cam

Now 64% Off

Credit: Walmart

A reliable and versatile choice for drivers looking to enhance their safety and security on the road. The compact design, coupled with a 3-inch LCD screen, ensures minimal distraction while driving. Dual wide-angle cameras capture high-quality video, with the front camera recording in FHD 1080p and the rear camera in HD 720p. Best of all, this weekend only it’s an astonishing 63 percent off—that’s $70 less than retail.

Pirelli Scorpion WeatherActive 235/60R18 SUV/Crossover Tire

Now 26% Off

Credit: Walmart

Designed for use on CUVs, SUVs, and light trucks, the Pirelli Scorpion WeatherActive is an all-weather tire that features a special rubber compound for excellent performance year-round. It’s got a 60,000-mile tread life—and right now you can save over $60 on each one.

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Avid Power Cordless Tire Inflator / Air Compressor

Avid Power Cordless Tire Inflator / Air Compressor

Now 22% Off

Credit: Amazon

This product won Best Overall in our test of portable tire inflators. Sure, it’s an off-brand, but the quality and performance of the Avid Power, combined with its supreme affordability, made it impossible for even the pricier brand names to beat. Save 22 percent through Memorial Day weekend.

Autel Home Smart EV Charger

Now 20% Off

Credit: Amazon

Save over $100 right now on this Autel Home Smart EV charger. It’s a 50Amp, 240V, indoor/outdoor EV charging station with Level 2, Wi-Fi, and Bluetooth Enabled EVSE, and it comes with a 25-foot cable. Normally $569, it’s yours this weekend for just $455.20

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Avapow Car Jump Starter 4000A

Now 63% Off

Credit: Walmart

With 4000 peak amps, this jump starter should be enough for any dead battery in all kinds of vehicles up to 10.0-liter diesel engines. If you’re not already carrying one of these in your vehicle, it’s time to toss those ancient jumper cables and get with the program.

Chemical Guys Complete Car Care Kit

Now 40% Off

Credit: Walmart

This 11-piece set from one of the top names in car care is marked way down for Memorial Day. Normally $60, this weekend it’s just $36.

chemical guys deals at amazon

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EverStart Maxx 700 Amp Jump Starter

Now 41% Off

Credit: Walmart

EverStart must’ve missed the memo when we put in a call for both portable tire inflators and jump starters, because we couldn’t get our hands on this one in time for our test and review, either. Right now, it’s nearly half off its regular price.

Meguiar’s Complete Car Care Kit for Car Detailing

Credit: Amazon

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OEM vs. Aftermarket Parts: When One Makes More Sense for Your Car

May 12, 2023 Yura

Choosing between original equipment manufacturer, or OEM, and aftermarket car parts is all about squaring your priorities with your budget.

Each option has its benefits, but how long a part will last and its initial cost can vary widely depending on if you go with OEM or aftermarket parts. Which one you decide to go with will determine the impact on the overall cost of owning your car.

Here’s a comparison of the perks and drawbacks of OEM and aftermarket parts and which is the best option for certain situations.

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What’s the difference between OEM and aftermarket parts?

Let’s start with genuine parts, which are parts that were installed in your vehicle by the manufacturer when it was first sold. They often have the logo of the vehicle manufacturer, such as Honda or Subaru, printed on them.

Once you’ve purchased a vehicle and need to make repairs or replace parts for maintenance, the terminology changes to the following:

Original equipment manufacturer, or OEM. These parts are made by the same manufacturer that made the genuine parts in a car, but they’re installed when a car needs a repair. Because the same manufacturer makes OEM parts, they are guaranteed to fit in your car.

????Nerdy Tip

Some retailers use “genuine” to refer to OEM parts. This is a marketing tactic and doesn’t mean that the part will work better. A part is either an OEM part or not an OEM part — regardless of if it is described as “genuine.”

Aftermarket parts. These are made by manufacturers that did not make the original car parts and therefore do not qualify as OEM parts. They can often be used in place of OEM parts, but they carry the potential of not being fully compatible with your car.

Comparing OEM and aftermarket parts

There are benefits and downsides to OEM and aftermarket parts, and a quick comparison shows that OEM parts win for dependability as a longer-term investment. On the other hand, aftermarket parts offer more options and tend to be more affordable.

Here’s a quick comparison of their pros and cons.

Pros and cons of OEM parts

In general, OEM parts offer peace of mind, but that comes at a higher cost. Here are a few benefits and drawbacks to buying OEM parts.

Compatibility. OEM parts are manufactured to fit your vehicle and work like they’re supposed to with your car’s systems.
Longer life. Because they are made in the same way as genuine parts, OEM parts tend to be more reliable than aftermarket parts and last for longer.
Warranty. OEM parts should come with a warranty to protect you if the part is defective or doesn’t work properly. The specific warranty will differ by manufacturer.

Higher cost. Due to their better quality, OEM parts tend to cost more than aftermarket parts.
Limited availability. With a higher demand, OEM parts can have limited availability and

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3 Auto Parts Stocks to Pay Attention to in 2023 and 1 to Avoid

February 4, 2023 Yura

Amid rising environmental concerns and inflating fuel prices, the recent shift in consumer interest in electric vehicles should bolster the auto parts industry’s growth prospects. Moreover, given the growing market for used cars, the need for auto parts is expected to keep up.

Furthermore, lucrative government initiatives, rapid technological advancements, and a shift of focus on car accessories should propel growth in the coming years. According to Research and Markets, the motor vehicle parts market is projected to grow at 7.9% from 2021 to 2026.

However, aggressive policy tightening by the Fed has increased car loan rates, dampening demand. Moreover, supply chain disruptions and lingering macroeconomic headwinds might harm the auto parts industry.

While fundamentally strong auto parts stocks O’Reilly Automotive, Inc. (ORLY), Bridgestone Corporation (BRDCY), and Garrett Motion Inc. (GTX) could be ideal additions to your portfolio, Luminar Technologies, Inc. (LAZR) might be best avoided considering its bleak fundamentals.

Stocks to Buy:

O’Reilly Automotive, Inc. (ORLY)

ORLY operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories. The company also provides new and remanufactured automotive hard parts and maintenance items.

ORLY’s sales increased 9.2% year-over-year to $3.80 billion for the fiscal third quarter that ended September 30, 2022. The company’s gross profit increased 6.4% year-over-year to $1.93 billion. Its net income increased 4.8% from the year-ago period to $585.44 million, while its EPS rose 13.6% from the prior-year quarter to $9.17.

Street expects ORLY’s EPS for the fourth fiscal quarter (ended December 2022) to rise 1.2% year-over-year to $7.73. Its revenue is expected to grow 6.3% year-over-year to $3.50 billion in the same quarter.

Over the past six months, the stock has gained 24.1% to close its last trading session at $810.85. It has gained 11.5% over the past three months.

ORLY’s POWR Ratings reflect this promising outlook. The stock has an overall rating of B, which translates to Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.

It has an A grade in Quality. The stock is ranked #21 out of 62 stocks in the A-rated Auto Parts industry.

Click here to access additional ratings for ORLY for Growth, Value, Momentum, Stability, and Sentiment.

Bridgestone Corporation (BRDCY)

Headquartered in Tokyo, Japan, BRDCY manufactures and sells tires and rubber products. It operates in two segments: Tires and Diversified Products. The company offers tires and tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles, scooters, etc.

BRDCY pays a $0.61 per share dividend annually, which translates to a 3.31% yield on the current share price. Its four-year dividend yield is 3.54%.

During the nine months ended September 30, 2022, BRDCY’s revenue increased 28.4% year-over-year to ¥2.98 trillion ($22.88 billion). The company’s gross profit grew 21.2% from the prior-year period to ¥1.15 trillion ($8.80 billion). Its operating profit rose 11% year-over-year to ¥307.23 billion

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New to The Street TV Signs Auto Parts 4Less Group, Inc. to a 24-Month TV Series

October 7, 2022 Yura

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NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) — FMW Media’s business TV show, New to The Street TV, announces the signing of a 24-month contract on filming and broadcasting tailored interviews and commercials about Auto Parts 4Less Group, Inc. (OTCQB: FLES) (“Company”).

New to The Street TV’s anchors are to interview the management team at Auto Parts 4Less, Inc., with each show airing on New to The Street’s syndicated and sponsored televised outlets, Newsmax TV, Fox Business Network, and Bloomberg TV, and on its website www.newtothestreet.com. TV viewers will hear about FLES’s business ongoings and fundamentals as it pertains to its e-commerce marketplace business for car, truck, motorcycle, ATV, UTV, and boat parts,

The New to The Street TV’s social media team, combined with its television network partners, will reshare media content creating a platform to educate televised viewers and others about FLES. All broadcasted shows will stream for 24 months on the New to The Street website, www .newtothestreet.com.

On a schedule, the commercial ads will air on all the New to The Street syndicated and sponsored TV platforms, and ads will stream on New to The Street’s billboard platform throughout New York City. FLES’ billboard ads will run fifteen (15) seconds every seven minutes, twenty (20) hours daily.

Mr. Tim Armes, Chairman of the Board / CEO of Auto Parts 4Less Group, Inc., states, “I’m excited to work with the highly professional experts at New to The Street TV while they begin to market our Company through their national TV media network. We at FLES believe the upcoming televised interviews can share our vision and successes with their large viewer base regarding our two ecommerce platforms, AutoParts4Less.com that we are now in the process of launching and LiftKits4Less.com. The show provides our Company a medium to reach both investors and end-users alike.”

AutoParts4Less.com is an enterprise level automotive marketplace offering a wide range of automotive parts for cars, trucks, boats, motorcycles, and RVs on a single platform from multiple sellers to provide buyers many parts options at lower prices.

LiftKits4less.com offers a unique e-commerce experience for those seeking custom parts and accessories for jeeps, trucks, and other recreational products.

Vince Caruso, CEO of FMW Media Corp. and the Creator / Producer of New to The Street TV, states, “I am excited to have Auto Parts 4Less Group, Inc. on the show for a 24-month TV series. Their business model in providing vehicle parts through comprehensive e-commerce platforms should excite our viewers. The history and storyline at FLES are intriguing, and the New to The Street TV’s dedicated professional staff looks forward to producing and distributing information about their corporate ongoings.”

New to The Street’s TV interviews with Auto Parts 4Less Group, Inc. management, airing on Newsmax TV, Fox Business Network, and Bloomberg TV “To Be Announced.”

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AutoZone and 3 Other Auto Parts Stocks That Look Like Buys

July 1, 2022 Yura

Text size

Morgan Stanley recently upgraded AutoZone, citing its ability to pass on higher prices to consumers.

Andrea Morales/Bloomberg

Auto parts retailers have outpaced the market for much of the pandemic. Current economic uncertainty should keep the group in the fast lane.

The share price of one such retailer,

AutoZone

(ticker: AZO), is up 1% this year. The stocks of

Advance Auto Parts

(AAP),

O’Reilly Automotive

(ORLY), as well as NAPA Auto Parts owner

Genuine Parts

(GPC) are all in the red in 2022. But with the exception of Advance Auto, they have held their ground better than the S&P 500, which is down about 20%.

Auto parts retailers have a reputation as defensive stocks—after all, car repairs can only be delayed so long, even during a downturn. There are reasons to think the stocks can keep outperforming.

“When you can buy these stocks at these prices, there’s an asymmetrical risk/return,” says Max Wasserman, founder of Miramar Capital, which owns shares of Advance Auto Parts and Genuine Parts. ”Yes, they could go down a little further, but the upside is much higher.”

Having a running car remains essential for most Americans. That gives them the incentive to keep repairing their cars, even as the vehicle fleet ages. The average car is more than 12 years old, according to S&P Global Mobility. Genuine Parts has estimated older models tend to require $800 a year in maintenance.

That is unlikely to change anytime soon. Consumers tend to delay big-ticket purchases like cars when they’re less confident about the economy, while the average price of a new car surged to $47,000 from $38,000 during the pandemic as chip shortages crimped vehicle output. Used cars hit record prices, putting them out of reach for many.

Company / Ticker	Recent Price	YTD Change	12-Mo. Forward P/E	2022E EPS Growth**	Market Value (bil)
Advance Auto Parts / AAP	$178.75	-25%	12.8	14%	$10.8
AutoZone / AZO*	2,125.33	1	17.5	21	41.4
Genuine Parts / GPC	135.45	-3	17.0	13	19.2
O’Reilly Automotive / ORLY	630.52	-11	18.4	6	41.4

*Fiscal year ends in August **Year over year

Source: FactSet

The 2007-09 recession underscored the resilience of auto parts stores. The overall stock market fell roughly in half, but with the exception of Genuine Parts, auto parts retailers were largely unscathed. Shares of AutoZone and Advance Auto held their value during the downturn, while O’Reilly stock lost just 10%.

“While consumer spending in the auto parts segment did decline during the Great Financial Crisis, it declined less than overall durable goods and recovered faster” than both durable goods and overall personal consumption, notes Morgan Stanley analyst Simeon Gutman.

Nor is the specter of electric vehicles—which tend to be trickier for do-it-yourself repairs—a worry for auto parts retailers, analysts say. EVs and hybrids combined accounted for about 10% of U.S. auto sales last year, while less than 1% of cars on U.S. roads are electric.

“Absolutely EVs will proliferate; it’s not a silly argument, but it’s going to

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Advance Auto Parts Stock: Old Vehicles Require Continued Maintenance (NYSE:AAP)

May 31, 2022 Yura

deepblue4you/E+ via Getty Images

Advance Auto Parts, Inc. (NYSE:AAP) is a leading automotive aftermarket parts provider in North America. The types of products sold by the company include parts & batteries, accessories and chemicals, and engine-related maintenance products, such as air filters and transmission fluid. Their customers include both professionals and DIYers. As of December 31, 2021, sales to professionals accounted for nearly 60% of total net sales.

As an aftermarket parts supplier, AAP benefits from providing automotive solutions to older vehicles that need more continuous repairs & maintenance. In the current market environment, AAP is poised to benefit from widespread affordability constraints of purchasing a vehicle.

In May 2022, the average new-vehicle transaction price is expected to reach nearly +$45K, which would be up 16% from 2021. Prices for used cars offer no better alternative, with prices up nearly 30% from January 2021. As such, there is a greater likelihood of individuals holding onto their cars for as long as they can. In fact, the average age of vehicles on U.S. roadways reached a record high of 12.2 years in 2021. For AAP, this means increased demand for brakes and brake pads, batteries, tires, and other accessories.

AAP also benefits as total vehicle miles traveled increases. In 2019, total miles driven reached 3.26T, before plummeting to 2.83T during the height of the COVID-19 pandemic. The data has since improved and is now at or near 2019 levels. With increased travel comes greater maintenance requirements.

U.S. Federal Highway Administration, Moving 12-Month Total Vehicle Miles Traveled [M12MTVUSM227NFWA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/M12MTVUSM227NFWA, May 28, 2022. — U.S. Federal Highway Administration, Moving 12-Month Total Vehicle Miles Traveled [M12MTVUSM227NFWA], retrieved from FRED, Federal Reserve Bank of St. Louis

With the wind at their back from an aging vehicle fleet and total miles driven, one would not expect AAP to be underperforming the broader market. Yet, AAP is down nearly 20% YTD, which is worse than the S&P’s 13% decline over the same period. For investors seeking an under-the-radar play in the automotive sector, AAP is one name worth extra attention.

Earnings Review and Other Reportable Events

In the first quarter ended April 23, 2022, AAP reported total net sales of +$3.4B, which was up 1.3% from the same period last year, but +$20M short of estimates.

Through the first ten weeks of the year, AAP had a strong start, with YTD comparable store sales up mid-single digits. The final six weeks, however, came under pressure from flagging DIY sales, resulting in mid-single digit declines in comparable sales.

Weighing on the DIY comparisons were the impacts of economic stimulus payments in the prior year and a slower start in the current period, especially in the northern regions, due to colder and wetter weather patterns.

Despite weakness in DIY, overall comparable store sales were up 0.6% from the prior year and 25.3% on a two-year basis. The increase represented the 8th consecutive quarter of comparable store sales growth. Likewise, both adjusted operating income and adjusted EPS grew for the 8th straight quarter.

Gross profit margins came in at 44.6%, which was

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