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

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)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• National Independent Automobile Dealers Association (NIADA) Certification: NIADA certification is a program that provides training and certification for used car dealers. The program covers topics such as federal regulations, ethical business practices, and consumer protection. The certification is provided by the National Independent Automobile Dealers Association (NIADA).
• National Automotive Technicians Education Foundation (NATEF) Certification: NATEF certification is a program that provides training and certification for automotive technicians. The program covers topics such as engine repair, brakes, and electrical systems. The certification is provided by the National Automotive Technicians Education Foundation (NATEF).
• National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a program that provides training and certification for automotive technicians. The program covers topics such as engine repair, brakes, and electrical systems. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
• Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is a program that provides training and certification for workplace safety. The program covers topics such as hazard communication, personal protective equipment, and emergency action plans. The certification is provided by the Occupational Safety and Health Administration (OSHA).
• Environmental Protection Agency (EPA) Certification: EPA certification is a program that provides training and certification for automotive technicians who work with air conditioning systems. The program covers topics such as refrigerant handling, leak detection, and recovery equipment. The certification is provided by the Environmental Protection Agency (EPA).

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.

The anticipated future trajectory of the NAICS 423110-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the industry "Automobile Dealers-Used Cars (Wholesale)" in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for used cars. The COVID-19 pandemic has also contributed to the growth of the industry as people are looking for affordable transportation options. The rise of online marketplaces for used cars is also expected to boost the industry. However, the industry may face challenges due to the increasing competition from new car dealerships and the growing popularity of ride-sharing services. Overall, the industry is expected to continue to grow in the coming years.

Recent groundbreaking advancements and milestones in the Automobile Dealers-Used Cars (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Online Marketplaces: The rise of online marketplaces for used cars has revolutionized the industry. Websites like Carvana and Vroom allow customers to buy used cars online and have them delivered to their doorstep. This has made the process of buying a used car more convenient and has increased the reach of the industry.
• Vehicle History Reports: The availability of vehicle history reports has made it easier for customers to make informed decisions when buying a used car. These reports provide information about the car's accident history, maintenance records, and other important details that can help customers make a more informed decision.
• Certified Pre-Owned Programs: Many car manufacturers now offer certified pre-owned programs that provide customers with a warranty and other benefits when buying a used car. This has increased the trust customers have in the industry and has made it easier for them to buy a used car with confidence.
• Financing Options: The availability of financing options has made it easier for customers to buy a used car. Many dealerships now offer financing options that are similar to those offered for new cars, making it easier for customers to afford a used car.
• Mobile Apps: Many dealerships now offer mobile apps that allow customers to browse inventory, schedule test drives, and even complete the purchase process from their mobile device. This has made the process of buying a used car more convenient and has increased the reach of the industry.