Passenger Car Leasing
Key Figures
Figures are published for NAICS 532112 directly.
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Official definition
This U.S. industry comprises establishments primarily engaged in leasing passenger cars without drivers, generally for long periods of time.
Source: US Census Bureau, 2017 NAICS Definitions. Public domain.
Which code does this activity belong in?
Passenger car leasing establishments are distinguished from passenger car rental operations by the duration of the engagement. Leasing covers long-period arrangements, whereas rental establishments primarily serve customers seeking short-period use of passenger cars without drivers. The dividing line between the two activities lies in whether the establishment is organized around extended lease agreements or temporary rental transactions.