A buyerâs closing costs might typically range from 2 to 7 percent of the sales price, or $2,000 to $7,000 on the purchase of a home.
The term OEM stands for Original Equipment Manufacturer. What does that really mean? It means that the part was made by a company that is a subcontractor to a vehicle manufacturer. It DOES NOT mean the part was made by the manufacturer.Some examples; 1  Most fuel parts on a VW are made by Bosch. 2  This means that Bosch is the OEM for VW regardless of where you buy the Bosch part it is still OEM.t means that the part was made by a company that is a subcontractor to a vehicle manufacturer. It DOES NOT mean the part was made by the manufacturer. Some examples; 1  Most fuel parts on a VW are made by Bosch. 2  This means that Bosch is the OEM for VW regardless of where you buy the Bosch part it is still OEM.
Â· just now. Report Abuse. original equipment. The replacement fit means it fits like the oem part; there shouldn't be any obscene gaps or alignment issues and no fabrication required for a factory fit...but might be made of a different material (there are some ABS hoods floating out there).Hank Scorpio Â· 6 years ago. Thumbs up.riginal equipment. The replacement fit means it fits like the oem part; there shouldn't be any obscene gaps or alignment issues and no fabrication required for a factory fit...but might be made of a different material (there are some ABS hoods floating out there). Hank Scorpio Â· 6 years ago. Thumbs up.