Overview
MCC 5521 covers independent used car dealerships selling pre-owned vehicles. These merchants are distinct from franchised dealerships and include used car superstores, specialist used vehicle traders, and independent lots.
Transaction Profile
High value, low frequency, deposits and part-payments by card, financing arrangements common, online purchasing growing rapidly
Card Network Notes
Standard interchange applies. Enhanced fraud screening recommended for high-value used vehicle transactions.
Risk & Compliance
Medium risk. High-value transactions with greater potential for vehicle condition disputes compared to new car sales. Vehicle history and condition concerns drive chargeback exposure. Consumer protection regulations around used vehicle sales vary by jurisdiction.