NAICS UNIVERSITY · Free research for insurance agents
Automobile and Other Motor Vehicle Merchant Wholesalers
NAICS 423110 · United States · 2022 edition
This industry comprises establishments primarily engaged in the merchant wholesale distribution of new and used passenger automobiles, trucks, trailers, and other motor vehicles, such as motorcycles, motor homes, and snowmobiles.
Start the review with open-lot vehicle inventory.
For Automobile and Other Motor Vehicle Merchant Wholesalers, the saved research highlights open-lot vehicle inventory, cargo in transit, garagekeepers / bailee liability. Confirm how these arise in the actual operation, what controls are used and whether additional services change the proposed coverage.
Questions to ask
- What types of vehicles are distributed — standard passenger, commercial trucks, specialty vehicles such as motorcycles or motor homes?
- What is the typical inventory value at any one time, and how does it fluctuate seasonally?
- Are vehicles sold to retail dealers, fleet operators, or other wholesalers — or a mix?
- How are vehicles typically transported — company-owned carriers, third-party haulers, or drive-away?
- Is there any floor-plan financing in place, and what are the lender's insurance requirements?
- Are any reconditioning, service, or preparation operations performed on inventory vehicles on-site?
- What lot security measures are in place — fencing, cameras, lighting, overnight security?
- For Automobile and Other Motor Vehicle Merchant Wholesalers, what should the underwriter know about salvage, rebuilt-title, or non-standard title vehicle inventory?
Activities described by this code
Other activities to examine
Census classification reference
For educational purposes only. AI-generated insurance research and automated logic can contain errors. Independently verify classification and coverage decisions.
Compare another operationInsurance operations research — draft
Motor vehicle merchant wholesalers purchase new or used passenger cars, trucks, trailers, motorcycles, motor homes, snowmobiles, and similar vehicles and resell them to dealers, fleet operators, or other commercial buyers — not directly to the general public. Day-to-day operations typically involve managing a vehicle inventory on one or more lots, coordinating transport and delivery logistics, and processing title and documentation. Floor-plan financing arrangements are common, and vehicles frequently move between locations via third-party or company-owned carriers.
Questions to investigate
- What types of vehicles are distributed — standard passenger, commercial trucks, specialty vehicles such as motorcycles or motor homes?
- What is the typical inventory value at any one time, and how does it fluctuate seasonally?
- Are vehicles sold to retail dealers, fleet operators, or other wholesalers — or a mix?
- How are vehicles typically transported — company-owned carriers, third-party haulers, or drive-away?
This insurance research was generated in April 2026. It has not received a complete human review. The October 12, 2026 audit checked codes and titles only, not descriptions or coverage assertions.