MCC-Codes.com Canada

MCC 5561 - Car dealerships

mcc 5561

MCC 5561 is designated for car dealerships. This Merchant Category Code is used to classify businesses primarily engaged in the retail sale of new and used vehicles. These establishments typically offer various financing options, vehicle trade-ins, and sometimes vehicle servicing and repairs, making them integral to the automotive sales industry.

Category: Cars and vehicles

Types of Services

  • Vehicle Sales: Purchase of new or used cars, trucks, and other types of motor vehicles.
  • Financing and Leasing: Arranging and offering vehicle financing options and lease deals.
  • Trade-in Services: Providing options for trading in old vehicles as part of the purchase process.
  • Automobile Accessories and Add-ons: Selling vehicle accessories or upgrades as part of the car purchase.

Related MCCs

  • MCC 5533: Automotive Parts and Accessories Stores: Differs by focusing solely on parts and accessories rather than whole vehicles.
  • MCC 5511: Motor Vehicle Dealers (New and Used) Sales and Service: Similar but also involves significant auto servicing.
  • MCC 5599: Miscellaneous Automotive Dealers: Encompasses dealers offering specialized vehicles like motorcycles or recreational vehicles.

FAQs

  • What types of vehicles are included under MCC 5561?
    - This MCC includes various types of passenger vehicles such as cars and trucks, but not specialized vehicles like motorcycles or RVs.
  • Can MCC 5561 be used for online car sales?
    - Yes, it can be applied to businesses that sell vehicles online, provided they primarily classify as car dealerships.
  • Are services like oil changes or tire sales included under MCC 5561?
    - Typically, routine maintenance services fall under a different MCC since MCC 5561 focuses on sales rather than services.

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