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What is the difference between Reconditioned, used and new parts?

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What is the difference between Reconditioned, used and new parts?

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5A) A Reconditioned part is an item that has been fully serviced and upgraded and deemed to be of high quality and fit for sale. • A Used part has come from a used car. It has been deemed working and a good usable working part. • A New part is simply as described. Brand new and never before used. This is usually the most expensive option.

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