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SIC Code 5012-06 - Automobile-Buyers (Wholesale)
Marketing Level - SIC 6-DigitBusiness Lists and Databases Available for Marketing and Research
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Looking for more companies? See SIC 5012 - Automobiles and other Motor Vehicles - 3,042 companies.
SIC Code 5012-06 Description (6-Digit)
Automobile-Buyers (Wholesale) is a subdivision of the SIC Code 5012 that involves the wholesale purchasing of automobiles and other motor vehicles from manufacturers or other wholesalers. These buyers then sell the vehicles to retail dealerships or other businesses that specialize in the sale of automobiles. The primary focus of this industry is to purchase vehicles in bulk quantities at a discounted price and then resell them to other businesses for a profit.
The process of buying automobiles in bulk involves a range of activities such as negotiating with manufacturers or wholesalers, inspecting the vehicles for quality and condition, arranging for transportation and delivery, and managing the inventory of vehicles. Automobile-Buyers (Wholesale) must have a deep understanding of the automobile industry, including market trends, pricing, and consumer demand.
Hierarchy Navigation for SIC 6-Digit Code 5012-06
Parent Code (less specific)
Tools
- Vehicle inspection tools (e.g. diagnostic scanners, tire pressure gauges)
- Transportation and logistics software
- Inventory management software
- Negotiation and communication tools (e.g. email, phone, video conferencing)
- Market research tools (e.g. industry reports, consumer surveys)
- Financial analysis tools (e.g. spreadsheets, accounting software)
- Vehicle tracking and monitoring systems
- Sales and marketing tools (e.g. CRM software, advertising platforms)
- Legal and regulatory compliance tools (e.g. contract management software, compliance databases)
- Customer relationship management tools (e.g. customer feedback software, loyalty programs)
Industry Examples of Automobile-Buyers (Wholesale)
- Automobile auction houses
- Wholesale automobile dealerships
- Fleet management companies
- Rental car companies
- Government agencies (e.g. police departments, public transportation authorities)
- Automobile manufacturers
- Salvage yards
- Automobile parts wholesalers
- Exporters of automobiles
- Automobile leasing companies
SIC Code 5012-06 - Automobile-Buyers (Wholesale)
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