423140 - Motor Vehicle Parts (Used) Merchant Wholesalers
If you’re involved in the automotive industry or government contracting, NAICS code 423140 is a crucial classification to know. This code specifically pertains to businesses engaged in the wholesale distribution of used motor vehicle parts — an essential segment supporting vehicle repairs, resale, and recycling. In this blog post, we’ll dive deep into the details of NAICS code 423140, exploring its scope, sector, typical business activities, size standards, and more.
What is NAICS Code 423140?
NAICS code 423140 stands for Motor Vehicle Parts (Used) Merchant Wholesalers. This industry classification comprises establishments primarily engaged in merchant wholesale distribution of used automotive components. These businesses typically buy and sell used motor vehicle parts to various customers including:
- Repair shops
- Retailers
- Other wholesalers
The focus here is on moving pre-owned vehicle parts through the supply chain, promoting reuse and cost-effective vehicle maintenance solutions.
Sector Overview: Wholesale Trade
NAICS 423140 falls under the broad Wholesale Trade sector. The wholesale trade sector is vital to the economy, acting as an intermediary between manufacturers and retailers or end-users. Specifically for this code, the industry supports sustainable automotive parts distribution by circulating used parts for continued use.
Typical Business Activities Include:
- Buying and selling salvaged or used auto parts
- Distributing used motor vehicle electrical components (e.g., generators)
- Running junkyards specializing in used motor vehicle parts
- Operating as merchant wholesalers of various reused motor vehicle components
Size Standards and Eligibility
Businesses classified under NAICS code 423140 are considered small businesses if they have no more than 125 employees. This size standard is important for businesses seeking eligibility for small business government contracts, grants, or assistance programs.
Examples of Businesses Under NAICS 423140
Here are some common business types that fall under this NAICS code:
- Used Auto Parts Wholesalers: Companies that buy and sell used auto parts in bulk to repair shops and retailers.
- Salvage Yard Parts Distributors: Junkyards or salvage companies that dismantle vehicles and sell parts for resale.
- Used Motor Vehicle Component Suppliers: Suppliers specializing in used mechanical, body, or electrical components for vehicles.
NAICS Code 423140 – Code Details Summary
| Code Detail | Description |
|---|---|
| Automotive parts, used, merchant wholesalers | Distribution of used automotive parts |
| Generators, motor vehicle electrical, used, merchant wholesalers | Wholesale of used motor vehicle electrical generators |
| Junk yards, auto, merchant wholesalers | Wholesale merchants operating junkyards |
| Motor vehicle parts, used, merchant wholesalers | Sales and resale of used vehicle parts |
| Parts, used, motor vehicle, merchant wholesalers | Wholesale of various used vehicle parts |
| Used parts, motor vehicle, merchant wholesalers | Distribution of pre-owned vehicle parts |
Frequently Asked Questions (FAQ)
What types of used motor vehicle parts are included in NAICS 423140?
Parts include engines, transmissions, electrical components such as generators, body parts, and other mechanical or accessory parts obtained for resale.
Are businesses that operate junkyards included in this NAICS code?
Yes, junkyards that act as merchant wholesalers of used motor vehicle parts fall under this classification.
What is the employee size standard for small businesses under NAICS 423140?
A business must have 125 or fewer employees to be considered a small business for this NAICS code.
Can retailers selling used motor vehicle parts be included here?
No. This NAICS code is specific to merchant wholesalers — businesses involved in resale to other businesses rather than direct retail to consumers.
Conclusion
NAICS code 423140 plays an essential role in the automotive parts industry, specifically in promoting the reuse of vehicle components through merchant wholesale distribution. Whether you are a small-business owner, a wholesaler, or involved in government contracting, understanding this NAICS code helps you effectively position your business for growth and compliance.
Optimizing your business around this classification can open doors to new clients, government contracts, and industry partnerships in the thriving market for used motor vehicle parts distribution.
Keywords: NAICS code 423140, motor vehicle parts used merchant wholesalers, used auto parts wholesale, used motor vehicle components, automotive parts wholesale, used car parts distribution, salvage yard wholesalers
