SIC Code 5012-05 - Automobile Dealers-Used Cars (Wholesale)
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SIC Code 5012-05 Description (6-Digit)
Automobile Dealers-Used Cars (Wholesale) is an industry that involves the buying and selling of used cars in large quantities to other businesses, rather than individual consumers. These dealers typically purchase used cars from auctions, trade-ins, and other dealerships, and then sell them to other dealerships, rental car companies, and other businesses that require a fleet of vehicles. The industry is highly competitive and requires a deep understanding of the used car market, as well as the ability to accurately assess the value of a vehicle.
Hierarchy Navigation for SIC 6-Digit Code 5012-05
Parent Code (less specific)
Tools
- Vehicle history report software
- Auction bidding software
- Vehicle appraisal tools
- Inventory management software
- Customer relationship management (CRM) software
- Vehicle diagnostic tools
- Vehicle transport trailers
- Car lifts and hoists
- Tire changers and balancers
- Paint and body repair equipment
Industry Examples of Automobile Dealers-Used Cars (Wholesale)
- Used car dealerships
- Rental car companies
- Fleet management companies
- Car auction houses
- Auto parts wholesalers
- Car rental agencies
- Car leasing companies
- Car repair and maintenance shops
- Car detailing services
- Salvage yards
SIC Code 5012-05 - Automobile Dealers-Used Cars (Wholesale)
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