SIC Code 5521-98 - Automobile/Trucks Dealers-Used (Retail)

Marketing Level - SIC 6-Digit

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Total Companies

52,363

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SIC Code 5521-98 Description (6-Digit)

The Automobile/Trucks Dealers-Used (Retail) industry involves the selling of previously owned cars and trucks to consumers. These dealerships typically acquire their inventory through trade-ins or auctions and then sell them to customers at a marked-up price. The industry is highly competitive and requires dealerships to have a strong understanding of the market and consumer preferences in order to be successful.

Hierarchy Navigation for SIC 6-Digit Code 5521-98

Parent Code (less specific)

Tools

  • Vehicle history report software
  • Diagnostic tools for inspecting vehicles
  • Pricing guides for determining market value
  • Inventory management software
  • Customer relationship management (CRM) software
  • Online advertising platforms
  • Social media management tools
  • Payment processing software
  • Vehicle transportation equipment (e.g. tow trucks, car carriers)
  • Vehicle cleaning and detailing equipment

Industry Examples of Automobile/Trucks Dealers-Used (Retail)

  • Used car dealerships
  • Truck dealerships
  • CarMax
  • AutoNation
  • Carvana
  • Penske Automotive Group
  • Sonic Automotive
  • Group 1 Automotive
  • Hendrick Automotive Group
  • Lithia Motors

SIC Code 5521-98 - Automobile/Trucks Dealers-Used (Retail)

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