NAICS Code 541690-57 - Automobile-Purchasing Consultants
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NAICS Code 541690-57 Description (8-Digit)
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Tools
Tools commonly used in the Automobile-Purchasing Consultants industry for day-to-day tasks and operations.
- Vehicle valuation tools
- Car comparison websites
- Automotive industry reports
- Negotiation software
- Customer relationship management (CRM) software
- Online car buying platforms
- Vehicle history reports
- Financing calculators
- Social media marketing tools
- Customer satisfaction surveys
Industry Examples of Automobile-Purchasing Consultants
Common products and services typical of NAICS Code 541690-57, illustrating the main business activities and contributions to the market.
- Car buying assistance
- Vehicle selection advice
- Price negotiation services
- Trade-in evaluation
- Financing options guidance
- Test drive scheduling
- Vehicle delivery coordination
- After-sale support
- Fleet management consulting
- Car leasing consulting
Certifications, Compliance and Licenses for NAICS Code 541690-57 - Automobile-Purchasing Consultants
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Institute for Automotive Service Excellence (ASE) Certification: ASE certification is a widely recognized certification for automotive professionals in the US. It is a voluntary certification that tests the knowledge and skills of automotive professionals in various areas such as engine repair, brakes, suspension, and steering. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
- Automotive Service Association (ASA) Certification: ASA certification is a certification for automotive repair shops that meet certain standards of quality and professionalism. The certification is provided by the Automotive Service Association (ASA).
- Automotive Management Institute (AMI) Certification: AMI certification is a certification for automotive professionals in management positions. The certification covers various areas such as financial management, marketing, and human resources. The certification is provided by the Automotive Management Institute (AMI).
- National Automotive Technicians Education Foundation (NATEF) Certification: NATEF certification is a certification for automotive training programs that meet certain standards of quality and relevance. The certification is provided by the National Automotive Technicians Education Foundation (NATEF).
- Society Of Automotive Engineers (SAE) Certification: SAE certification is a certification for automotive professionals in various areas such as design, development, and testing. The certification is provided by the Society of Automotive Engineers (SAE).
History
A concise historical narrative of NAICS Code 541690-57 covering global milestones and recent developments within the United States.
- The "Automobile-Purchasing Consultants" industry has been around for several decades, with the first known automobile consultant being Ralph Nader, who published the book "Unsafe at Any Speed" in 1965. This book led to the creation of the National Highway Traffic Safety Administration, which set safety standards for automobiles. In the 1980s, the industry saw a surge in popularity due to the rise of car leasing and the need for expert advice on car purchases. In recent years, the industry has adapted to the rise of online car buying and has expanded to offer services such as car financing and trade-in evaluations. In the United States, the industry has seen significant growth in the past decade due to the increasing complexity of car buying and the need for expert advice. The rise of online car buying has also led to the creation of online automobile-purchasing consultants, who offer virtual consultations and car-buying services. In 2019, the industry generated $1.2 billion in revenue in the United States alone, with an estimated 3,000 businesses operating in the industry. The industry is expected to continue to grow in the coming years as car buying becomes increasingly complex and consumers seek expert advice.
Future Outlook for Automobile-Purchasing Consultants
The anticipated future trajectory of the NAICS 541690-57 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the industry of Automobile-Purchasing Consultants in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for professional assistance in the car buying process. The rise of online car buying platforms has made it easier for consumers to purchase cars, but it has also made the process more complicated. Automobile-Purchasing Consultants can help consumers navigate the complex car buying process and provide them with expert advice. Additionally, the increasing popularity of electric and hybrid cars is expected to create new opportunities for the industry. As more consumers switch to electric and hybrid cars, they will need guidance on how to purchase and maintain these vehicles. Overall, the industry is expected to continue to grow as consumers seek professional assistance in the car buying process.
Industry Innovations for NAICS Code 541690-57
Recent groundbreaking advancements and milestones in the Automobile-Purchasing Consultants industry, reflecting notable innovations that have reshaped its landscape.
- Online Car Buying Platforms: Online car buying platforms have revolutionized the car buying process by allowing consumers to purchase cars from the comfort of their own homes. Automobile-Purchasing Consultants have adapted to this trend by offering their services online and providing consumers with expert advice on how to navigate the online car buying process.
- Electric and Hybrid Cars: The increasing popularity of electric and hybrid cars has created new opportunities for the industry. Automobile-Purchasing Consultants can provide consumers with guidance on how to purchase and maintain these vehicles, which can be more complicated than traditional gas-powered cars.
- Personalized Car Buying Services: Some Automobile-Purchasing Consultants offer personalized car buying services that cater to the specific needs and preferences of individual consumers. These services can include everything from finding the perfect car to negotiating the best price.
- Car Leasing Services: Some Automobile-Purchasing Consultants offer car leasing services, which can be a more affordable option for consumers who don't want to purchase a car outright. These services can include everything from finding the right car to negotiating the lease terms.
- Car Maintenance Services: Some Automobile-Purchasing Consultants offer car maintenance services, which can help consumers keep their cars in top condition. These services can include everything from regular maintenance to repairs and upgrades.
NAICS Code 541690-57 - Automobile-Purchasing Consultants
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