Major Group SIC 5521 - Motor Vehicle Dealers (used Only)

SIC 5521 - Motor Vehicle Dealers (used Only)

SIC 55 - Automotive Dealers And Gasoline Service Stations
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 552 - Motor Vehicle Dealers (Used Only)
  SIC 551 - Motor Vehicle Dealers (New And Used) SIC 552 - Motor Vehicle Dealers (Used Only) SIC 553 - Auto And Home Supply Stores SIC 554 - Gasoline Service Stations SIC 555 - Boat Dealers SIC 556 - Recreational Vehicle Dealers SIC 557 - Motorcycle Dealers SIC 559 - Automotive Dealers, Not Elsewhere Classified
  - SIC 5521 - Motor Vehicle Dealers (used Only)
    SIC 5521 - Motor Vehicle Dealers (used Only)

Establishments primarily engaged in the retail sale of used cars only, with no sales of new automobiles. These establishments also frequently sell used pickups and vans at retail.

Industry trends:

In recent years, the used motor vehicle dealers industry under NAICS 5521 has been experiencing notable qualitative trends. One significant trend is the increased consumer reliance on online platforms for purchasing used vehicles. With the continued growth of e-commerce, more dealerships are investing in robust digital infrastructures to enhance their online presence and offer virtual showrooms. This trend addresses consumer demand for convenience and accessibility, allowing customers to browse and buy without visiting physical locations.

Another trend is the heightened focus on vehicle transparency and quality assurance. Consumers are now expecting detailed vehicle histories, certified pre-owned options, and rigorous inspection standards to ensure they are investing in reliable transportation. Dealerships are responding by adopting advanced diagnostic tools and partnering with third-party vehicle history report providers to meet this demand.

Sustainability is also shaping the used car market. As environmental awareness increases, there's a growing interest in fuel-efficient and electric vehicles. Dealers are adjusting their inventories to include more eco-friendly options and are providing information on the benefits and costs associated with these vehicles.

Looking ahead, forecasts suggest that the industry will continue to leverage technology, with further advancements in AI-driven pricing algorithms, virtual reality showrooms, and enhanced customer service automation. The market for affordable electric and hybrid vehicles is expected to expand, driven by both consumer demand and regulatory pressures promoting green energy. Additionally, the ongoing trend towards urbanization and shared mobility services may influence inventory management and dealership strategies, focusing on smaller, more efficient, and versatile vehicles.

This industry is comprised of:

Antique autos-retail

Automobiles, used cars only-retail

Motor vehicle dealers, used cars only-retail

Pickups and vans, used only-retail

Explore related industries:

SIC 5015 - Motor Vehicle Parts, Used SIC 5271 - Mobile Home Dealers SIC 5932 - Used Merchandise Stores

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