NAICS UNIVERSITY · Free research for insurance agents
Passenger Car Leasing
NAICS 532112 · United States · 2022 edition
This U.S. industry comprises establishments primarily engaged in leasing passenger cars without drivers, generally for long periods of time.
Activities described by this code
- Passenger car leasing
- REAL ESTATE AND RENTAL AND LEASING 447
- Passenger van leasing
- Passenger truck (light duty) leasing
- Sport utility vehicle leasing
Other activities to examine
- Renting passenger cars without drivers, generally for short periods of time: 532111 — Passenger Car Rental
- Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis): 4853 — Taxi and Limousine Service
- Retailing passenger cars through sales or lease arrangements: 4411 — Automobile Dealers;
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
Passenger car leasing establishments own fleets of passenger vehicles — cars, light trucks, SUVs, and vans — and lease them to individuals or businesses under longer-term agreements, generally a year or more. The lessor retains title to the vehicles while lessees take possession and use them day-to-day. Operations typically include fleet acquisition, vehicle titling and registration, lease contract administration, and end-of-lease vehicle disposition.
Questions to investigate
- How many vehicles are in the leased fleet, and what are the typical vehicle types and values?
- Are leases primarily to individual consumers, businesses, or a mix?
- What auto insurance requirements are imposed on lessees, and how is lessee coverage verified?
- Is any vehicle rental (short-term) activity conducted alongside longer-term leasing?
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.