NAICS Code 423110-05 - Automobile Dealers-Used Cars (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423110-05
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NAICS Code 423110-05 Description (8-Digit)

The Automobile Dealers-Used Cars (Wholesale) industry involves the wholesale distribution of used cars to other businesses, such as car dealerships, rental car companies, and fleet management companies. These businesses then sell or lease the used cars to individual consumers or other businesses. The industry is responsible for acquiring used cars from various sources, such as trade-ins, auctions, and rental car companies, and then inspecting, repairing, and cleaning the cars before selling them to other businesses.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423110 page

Tools

Tools commonly used in the Automobile Dealers-Used Cars (Wholesale) industry for day-to-day tasks and operations.

  • Vehicle diagnostic tools
  • Car lifts
  • Tire changers
  • Wheel balancers
  • Paint booths
  • Welding equipment
  • Air compressors
  • Battery chargers
  • Brake lathes
  • Engine hoists

Industry Examples of Automobile Dealers-Used Cars (Wholesale)

Common products and services typical of NAICS Code 423110-05, illustrating the main business activities and contributions to the market.

  • Wholesale used car dealerships
  • Rental car companies
  • Fleet management companies
  • Car auction houses
  • Auto parts stores
  • Car dealerships (for trade-ins)

History

A concise historical narrative of NAICS Code 423110-05 covering global milestones and recent developments within the United States.

  • The used car industry has been around for almost as long as the automobile itself. In the early 1900s, used cars were sold by dealerships and individuals alike, but it wasn't until the 1920s that the first dedicated used car dealerships began to appear. These dealerships were often small, family-owned businesses that bought and sold cars from the public. In the 1950s and 1960s, the used car industry began to grow rapidly, as more and more people began to buy cars and trade them in for newer models. Today, the used car industry is a multi-billion dollar industry that is still growing, with new technologies and business models constantly emerging. In the United States, the used car industry has seen significant growth in recent years, due in part to the economic downturn of the late 2000s. As people looked for ways to save money, many turned to used cars as a more affordable alternative to new cars. This trend has continued in the years since, with the used car industry continuing to grow and evolve. Today, there are a wide variety of businesses involved in the used car industry, from small, independent dealerships to large, national chains. The industry has also seen the rise of online marketplaces and other digital technologies, which have made it easier than ever for consumers to buy and sell used cars.