532120 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
6-digit U.S. detail
532120

Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing

Description

This industry comprises establishments primarily engaged in renting or leasing, without drivers, one or more of the following: trucks, truck tractors, buses, semi-trailers, utility trailers, or RVs (recreational vehicles).

Hierarchy

CodeTitleDescription
53
Real Estate and Rental and Leasing
2-digit sector
The Sector as a Whole The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and from a production basis they are included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Also excluded from this sector are mortgage REITs and establishments primarily engaged in managing the financial portfolio assets of REITs on a fee or commission basis. These establishments are classified in Sector 52, Finance and Insurance.
532
Rental and Leasing Services
3-digit subsector
Industries in the Rental and Leasing Services subsector include establishments that provide a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. The subsector includes two main types of establishments: (1) those that are engaged in renting consumer goods and equipment and (2) those that are engaged in leasing machinery and equipment often used for business operations. The first type typically operates from a retail-like or storefront facility and maintains inventories of goods that are rented for short periods of time. The latter type typically does not operate from retail-like locations or maintain inventories, and usually offers longer-term leases. These establishments work directly with clients to enable them to acquire the use of equipment on a lease basis, or they work with equipment vendors or dealers to support the marketing of equipment to their customers under lease arrangements. Equipment lessors generally structure lease contracts to meet the specialized needs of their clients and use their remarketing expertise to find other users for previously leased equipment. Establishments that provide operating and capital (i.e., finance) leases are included in this subsector. Establishments primarily engaged in leasing in combination with providing loans are classified in Sector 52, Finance and Insurance. Establishments primarily engaged in leasing real property are classified in Subsector 531, Real Estate. Establishments primarily engaged in renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this subsector since the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Likewise, since the provision of crop harvesting services includes both the equipment and operator, it is included in Subsector 115, Support Activities for Agriculture and Forestry. The rental or leasing of copyrighted works is classified in Sector 51, Information, and the rental or leasing of nonfinancial intangible assets, such as patents, trademarks, and/or licensing agreements, is classified in Subsector 533, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works).
5321
Automotive Equipment Rental and Leasing
4-digit industry group
This industry group comprises establishments primarily engaged in renting or leasing passenger cars and trucks without drivers and utility trailers. These establishments generally operate from a retail-like facility. Some establishments offer only short-term rental, others only longer-term leases, and some provide both types of services.
53212
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
5-digit NAICS industry
See industry description for 532120.
532120
Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
6-digit U.S. detail
This industry comprises establishments primarily engaged in renting or leasing, without drivers, one or more of the following: trucks, truck tractors, buses, semi-trailers, utility trailers, or RVs (recreational vehicles).

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Classification References

  1. 01Renting or leasing light duty passenger trucks and sport utility vehicles without drivers--are classified in Industry 53211, Passenger Car Rental and Leasing;
  2. 02Renting recreational goods, such as pleasure boats, canoes, motorcycles, mopeds, or bicycles--are classified in U.S. Industry 532284, Recreational Goods Rental;
  3. 03Renting or leasing farm tractors, industrial equipment, and industrial trucks, such as forklifts and other material handling equipment--are classified in Industry 532490, Other Commercial and Industrial Machinery and Equipment Rental and Leasing;
  4. 04Renting or leasing mobile home sites--are classified in Industry 531190, Lessors of Other Real Estate Property;
  5. 05Retailing vehicles commonly referred to as RVs through sales or lease arrangements--are classified in Industry 441210, Recreational Vehicle Dealers; and
  6. 06Leasing trucks, utility trailers, and RVs in combination with providing loans to buyers of such vehicles--are classified in Sector 52, Finance and Insurance.

Index Items

Bus rental or leasing

Camper rental

Dump truck rental or leasing without operator

Mobile home rental, off-site

Motor home rental, off-site

Popup camper rental

Recreational trailer rental

Recreational vehicle (RV) rental or leasing

RV (recreational vehicle) rental or leasing

School bus rental or leasing

Semi-trailer rental or leasing

Trailer rental or leasing

Truck (except industrial, light duty passenger) rental or leasing

Truck tractor rental or leasing without driver

Utility trailer rental or leasing

Van (except passenger) rental or leasing without driver

How Item Can Help

Optimizes route planning and fleet visibility for delivery trucks to utility trailers and RVs, reducing fuel costs and ensuring timely pick-ups for rental fleets across the country.

Automates appointment scheduling and online booking for RV rentals, integrating inventory levels from storage yards to avoid overbooking and streamline customer reservations.

Predicts seasonal rental demand fluctuations to alert managers for maintenance scheduling and inventory rebalancing, helping businesses maximize asset utilization during peak travel times.

External Resources

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