532112 Passenger Car Leasing

Official definition

This U.S. industry comprises establishments primarily engaged in leasing passenger cars without drivers, generally for long periods of time.

Examples Census gives

• Passenger car leasing
• Passenger truck (light duty) leasing
• Passenger van leasing
• Sport utility vehicle leasing

Source: US Census Bureau, 2022 NAICS descriptions.

When to use a different code

Census classifies these close-sounding activities somewhere else. Businesses mainly engaged in:

• Renting passenger cars without drivers, generally for short periods of time are classified in U.S. Industry 532111, Passenger Car Rental.
• Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis) are classified in Industry Group 4853, Taxi and Limousine Service.
• Retailing passenger cars through sales or lease arrangements are classified in Industry Group 4411, Automobile Dealers.
• Leasing passenger cars in combination with providing loans to buyers of such vehicles are classified in Sector 52, Finance and Insurance.

Source: US Census Bureau, 2022 NAICS cross-references.

Activities listed under 532112

The Census index assigns these 9 activities to this code. If your business matches one, this is your code.

• Automobile leasing
• Car leasing
• Fleet leasing, passenger vehicle
• Passenger car leasing
• Passenger truck (light duty) leasing
• Passenger van leasing
• Passenger vehicle fleet leasing
• Sport utility vehicle leasing
• Van (passenger) leasing

Source: US Census Bureau, 2022 NAICS index file.

SBA size standard for 532112

To count as a small business for SBA loans and federal contracts under NAICS 532112, your business (including affiliates) must not exceed $47 million in average annual receipts. Check your business.

Source: SBA table of size standards, effective March 17, 2023.

Closest UK SIC 2007 codes

There is no official one-to-one link between NAICS and UK SIC. These codes share the same international class (ISIC Rev. 4: 7710), so treat them as a starting point and check the definition.

• 77110Renting and leasing of cars and light motor vehiclesUK SIC
• 77120Renting and leasing of trucks and other heavy vehiclesUK SIC

Built from Census concordances 2022→2017 NAICS and 2017 NAICS→ISIC Rev. 4.

Similar codes to compare

• 532111Passenger Car Rental