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MCC 5511 - Car dealerships

mcc 5511

The Merchant Category Code 5511 is designated for car dealerships. This MCC is primarily used for businesses engaged in the sale and trading of new and used vehicles. These establishments serve as key points for consumers to purchase automobiles, including sedans, SUVs, trucks, and other motor vehicles. Beyond sales, these dealerships often offer additional services such as financing options, leasing agreements, and trade-ins.

Category: Cars and vehicles

Types of Services

  • Vehicle Sales: Encompasses both new and used vehicle transactions for personal and commercial vehicles.
  • Financing and Leasing: Providing various financing packages and leasing options to facilitate vehicle ownership.
  • Trade-ins: Allowing customers to trade in their old vehicles as part of a new purchase deal.
  • Extended Warranties and Service Plans: Offering additional warranties and service plans to customers.

Related MCCs

  • MCC 5521: Automobile and Truck Dealers (Used Only): This code is used specifically for dealerships selling only used cars and trucks.
  • MCC 5533: Automotive Parts and Accessories Stores: Covers stores that sell parts and accessories, but not complete vehicles.
  • MCC 5541: Service Stations: Includes establishments primarily selling fuel and automotive repair services.

FAQs

  • What types of vehicles are included under MCC 5511?
    - New and used vehicles such as cars, trucks, SUVs, and other motor vehicles are included.
  • Are car repairs covered under this MCC?
    - No, vehicle repairs typically fall under a separate MCC related to automotive service and repair.
  • Can I use MCC 5511 for motorcycle dealerships?
    - No, motorcycle dealerships typically have a different MCC classification (MCC 5571 for Motorcycle Shops).

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