Powered by LevrNAICS 423140: Motor vehicle parts (Used) merchant wholesalers
NAICS 423140 is the industry code for motor vehicle parts (used) merchant wholesalers. Use it on loan applications, tax forms and registrations. Lenders price it on the business's own numbers rather than an industry program.
What 423140 covers
This code covers merchant wholesalers of used motor vehicle parts, including auto salvage and dismantling yards that sell parts and recyclers of vehicles for parts.
Included in this code
- Auto salvage and dismantling yards
- Used engine and transmission sales
- Used truck parts
- Rebuildable vehicle parts sales
Not this code
- Scrap metal recycling: see 423930 Recyclable material merchant wholesalers
- New auto parts wholesaling: see 423120 Motor vehicle supplies and new parts merchant wholesalers
- Used car dealers: see 441120 Used car dealers
Businesses that use 423140
Financing for this trade
Salvage yards use equipment loans for loaders and crushers, inventory lines for vehicles bought at auction and SBA 7(a) loans for land and yard purchases. Lenders look at environmental compliance and inventory controls.
Apply for funding with AIIs 423140 the right code for a used auto parts or salvage yard business?
Yes, if you dismantle vehicles and sell used parts. Yards that mainly crush and sell scrap metal fit 423930, and used car dealers use 441120. Many salvage yards that both sell parts and scrap pick the larger revenue line. Pick the code that matches the work bringing in most of your revenue, since lenders compare it to your tax return.
What is the SBA size standard for 423140?
Under 13 CFR 121.201, a business classified under NAICS 423140 is small if it averages no more than 125 employees, counting affiliates, over the prior 24 months. SBA uses that number for loan eligibility and federal agencies use it for small business set asides. A firm above it can still qualify for SBA 7(a) and 504 loans under the alternative standard of $15 million tangible net worth and $5 million average net income.
What financing do salvage yards use?
Salvage yards often finance loaders, forklifts and crushers with equipment loans and use SBA 7(a) or 504 loans to buy land. Auction purchases of salvage vehicles may use short term inventory lines. Lenders review environmental permits, inventory systems and scrap price exposure.
What does NAICS 423140 cover?
Motor vehicle parts (Used) merchant wholesalers. Industry level code in NAICS 2022, under 42 Wholesale trade, 423 Merchant wholesalers, durable goods, 4231 Motor vehicle and motor vehicle parts and supplies merchant wholesalers, 42314 Motor vehicle parts (Used) merchant wholesalers.
What financing do NAICS 423140 businesses use?
Term loans, lines of credit, SBA loans and working capital are the usual products. Start an application and the AI matches the deal to lenders that fund this code.
Where do I put NAICS 423140?
On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.