44112 - Used Car Dealers
When it comes to understanding the business landscape of retail automotive sales, NAICS code 44112 - Used Car Dealers plays a crucial role. This specific classification helps government agencies, businesses, and market analysts identify establishments primarily engaged in selling pre-owned vehicles. Whether you're a vehicle buyer, entrepreneur, or industry researcher, getting familiar with NAICS 44112 is essential for navigating the used car market effectively.
What is NAICS Code 44112 - Used Car Dealers?
NAICS 44112 refers to businesses that specialize in retailing used automobiles, including passenger cars, trucks, and vans. These dealers don't just sell vehicles; many also offer additional services like financing options, extended warranties, and trade-in evaluations to facilitate customer purchases.
Sector: Retail Trade
Used car dealers fall under the broader Retail Trade sector, which comprises businesses that sell goods directly to consumers. Within this sector, NAICS 44112 specifically focuses on the resale of used vehicles, distinguishing these businesses from new car dealerships and automobile parts retailers.
Key Business Activities Under NAICS Code 44112
Typical activities and business types within this industry include:
- Operating used car dealerships
- Managing pre-owned vehicle sales lots
- Selling used trucks and vans
- Providing vehicle financing and insurance services
- Offering vehicle warranties and service contracts
- Handling trade-ins and vehicle evaluations
Size Standards for Eligibility
Understanding size standards is important for businesses seeking eligibility for government contracts or small business programs. For NAICS code 44112, the U.S. Small Business Administration (SBA) defines size standards primarily by annual receipts.
- Size standard: $44.5 million in average annual receipts
- Businesses with revenues below this threshold are typically considered small under NAICS 44112.
Examples of Businesses Under NAICS 44112
Here are some typical business examples classified under this NAICS code:
- Independent used car dealerships
- Regional or local pre-owned vehicle lots
- Specialty used truck dealerships
- Family-operated used van sales outlets
NAICS Code 44112 - Used Car Dealers Details Table
| Attribute | Description |
|---|---|
| NAICS Code | 44112 |
| Industry Title | Used Car Dealers |
| Sector | Retail Trade |
| Industry Description | Establishments retailing used cars, trucks, and vans, offering financing and warranties. |
| Size Standard | $44.5 million (average annual receipts) |
| Typical Business Types | Used car dealerships, Pre-owned vehicle sales, Used truck dealers |
| Related Services | Financing, Warranties, Trade-in evaluations |
Frequently Asked Questions (FAQs)
What type of vehicles do used car dealers sell under NAICS 44112?
Used car dealers primarily sell pre-owned passenger cars, trucks, vans, and sometimes specialty vehicles. The focus is on resale rather than new vehicle sales.
Are financing and warranty services included in this industry?
Yes. Many used car dealers provide related services such as vehicle financing, insurance, and warranties as part of their business operations.
How is NAICS code 44112 different from new car dealerships?
NAICS 44112 specifically applies to dealers selling used vehicles, whereas new car dealerships fall under a different NAICS code, typically 441110.
What is the SBA size standard for businesses in this category?
Businesses in this industry are considered small if they have annual receipts of $44.5 million or less.
Can online used car sales platforms fall under this NAICS code?
Primarily, NAICS 44112 covers physical dealership locations; however, some online used car retailers operating with physical inventory may classify here. Purely online platforms may fall under different e-commerce codes.
Understanding NAICS code 44112 is pivotal for businesses and stakeholders involved in the used automobile retail market. Knowing the classification, size standards, and typical business activities empowers better positioning in government contracting, compliance, and marketing efforts.
If you are in the used car sales industry or looking to get involved, aligning your business under NAICS 44112 can open doors to industry insights and government procurement opportunities.
