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Rental and Leasing Services


   

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 store-front 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 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. Those 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 the agriculture subsector. The rental or leasing of copyrighted works is classified in Sector 51, Information, and the rental or leasing of 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
This industry group comprises establishments primarily engaged in renting or leasing the following types of vehicles: 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 type of services.

53211 Passenger Car Rental and Leasing
This industry comprises establishments primarily engaged in renting or leasing passenger cars without drivers.

Cross-References. Establishments primarily engaged in

  • Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis) - classified in Industry Group 4853, Taxi and Limousine Service;

  • Retailing passenger cars through sales or lease arrangements - classified in Industry Group 4411, Automobile Dealers; and

  • Leasing passenger cars in combination with providing loans to buyers of such vehicles - classified in Sector 52, Finance and Insurance.

532111 Passenger Car Rental
This industry comprises establishments primarily engaged in renting passenger cars without drivers, generally for short periods of time.

Cross-References. Establishments primarily engaged in

  • Leasing passenger cars without drivers, generally for long periods of time - classified in U.S. Industry 532112, Passenger Car Leasing; and

  • Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis) - classified in Industry Group 4853, Taxi and Limousine Service.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5321115321117514Automobile rental
5321115321117514Car rental
5321115321117514Car rental agencies
5321115321117514Hearse rental
5321115321117514Limousine rental without driver
5321115321117514Luxury automobile rental
5321115321117514Passenger car rental
5321115321117514Passenger van rental
5321115321117514Passenger van rental agencies
5321115321117514Sport utility vehicle rental
5321115321117514Van (passenger) rental

532112 Passenger Car Leasing
This industry comprises establishments primarily engaged in leasing passenger cars without drivers, generally for long periods of time.

Cross-References. Establishments primarily engaged in

  • Renting passenger cars without drivers, generally for short periods of time - classified in U.S. Industry 532111, Passenger Car Rental;

  • Renting or leasing passenger cars with drivers (e.g., limousines, hearses, taxis) - classified in Industry Group 4853, Taxi and Limousine Service;

  • Retailing passenger cars through sales or lease arrangements - classified in Industry Group 4411, Automobile Dealers; and

  • Leasing passenger cars in combination with providing loans to buyers of such vehicles - classified in Sector 52, Finance and Insurance.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5321125321127515Automobile leasing
5321125321127515Car leasing
5321125321127515Fleet leasing, passenger vehicle
5321125321127515Passenger car leasing
5321125321127515Passenger van leasing
5321125321127515Passenger vehicle fleet leasing
5321125321127515Sport utility vehicle leasing
5321125321127515Van (passenger) leasing

53212 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
See industry description for 532120 below.

532120 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing
This industry comprises establishments primarily engaged in renting or leasing, without drivers, one or more of the following: trucks, truck tractors or buses: semitrailers, utility trailers, or RVs (recreational vehicles).

Cross-References. Establishments primarily engaged in

  • Renting recreational goods, such as pleasure boats, canoes, motorcycles, mopeds, or bicycles - classified in Industry 53229, Other Consumer Goods Rental;

  • Renting or leasing farm tractors, industrial equipment, and industrial trucks, such as forklifts and other materials handling equipment, - classified in Industry 532490, Other Commercial and Industrial Machinery Equipment Rental and Leasing;

  • Renting or leasing mobile home sites - classified in Industry 531190, Lessors of Other Real Estate Property;

  • Retailing vehicles commonly referred to as RVs through sales or lease arrangements - classified in Industry 441210, Recreational Vehicle Dealers; and

  • Leasing trucks, utility trailers, and RVs in combination with providing loans to buyers of such vehicles - classified in Sector 52, Finance and Insurance.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5321205321207519Bus rental or leasing
5321205321207519Camper rental
5321205321207519Mobile home rental (except on site)
5321205321207519Motor home rental
5321205321207519Popup camper rental
5321205321207519Recreational trailer rental
5321205321207519Recreational vehicle (RV) rental or leasing
5321205321207519RV (recreational vehicle) rental or leasing
5321205321207519School bus rental or leasing
5321205321207519Semi-trailer rental or leasing
5321205321207519Trailer rental or leasing
5321205321207513Truck (except industrial) rental or leasing
5321205321207513Truck tractor rental or leasing
5321205321207519Utility trailer rental or leasing
5321205321207513Van (except passenger) rental or leasing without driver

5322 Consumer Goods Rental
This industry group comprises establishments primarily engaged in renting personal and household-type goods. Establishments classified in this industry group generally provide short-term rental although in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-like or store-front facility.

53221 Consumer Electronics and Appliances Rental
See industry description for 532210 below.

532210 Consumer Electronics and Appliances Rental
This industry comprises establishments primarily engaged in renting consumer electronics equipment and appliances, such as televisions, stereos, and refrigerators. Included in this industry are appliance rental centers.

Cross-References. Establishments primarily engaged in

  • Renting or leasing computers - classified in Industry 532420, Office Machinery and Equipment Rental and Leasing; and

  • Renting a range of consumer, commercial, and industrial equipment, such as lawn and garden equipment, home repair tools, and party and banquet equipment, - classified in Industry 532310, General Rental Centers.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322105322107359Air-conditioner rental
5322105322107359Appliance rental
5322105322107359Camcorder rental
5322105322107359Consumer electronics rental
5322105322107359Dryer, clothes, rental
5322105322107359Photographic equipment rental
5322105322107359Refrigerator rental
5322105322107359Stereo equipment rental
5322105322107359Tape recorder rental
5322105322107359Television rental
5322105322107359Video cassette recorder rental
5322105322107359Video disc player rental
5322105322107359Video recorder rental
5322105322107359Video tape player rental
5322105322107359Washer, clothes, rental

53222 Formal Wear and Costume Rental
See industry description for 532220 below.

532220 Formal Wear and Costume Rental
This industry comprises establishments primarily engaged in renting clothing, such as formal wear, costumes (e.g., theatrical), or other clothing (except laundered uniforms and work apparel).

Cross-References.

  • Establishments primarily engaged in laundering and supplying uniforms and other work apparel are classified in Industry 81233, Linen and Uniform Supply.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322205322207299Bridal wear rental
5322205322207299Clothing rental (except industrial launderer, linen supply)
5322205322207299Costume rental
5322205322207299Dress suit rental
5322205322207299Formal wear rental
5322205322207299Fur rental
5322205322207299Gown rental
5322205322207299Graduation cap and gown rental
5322205322207819Motion picture wardrobe and costume rental
5322205322207299Suit rental
5322205322207922Theatrical wardrobe and costume rental
5322205322207299Tuxedo rental
5322205322207299Wardrobe rental

53223 Video Tape and Disc Rental
See industry description for 532230 below.

532230 Video Tape and Disc Rental
This industry comprises establishments primarily engaged in renting prerecorded video tapes and discs for home electronic equipment.

Cross-References. Establishments primarily engaged in

  • Theatrical distribution of motion pictures and videos - classified in Subsector 512, Motion Picture and Sound Recording Industries;

  • Renting video recorders and players - classified in Industry 532210, Consumer Electronics and Appliances Rental; and

  • Retailing prerecorded video tapes and discs - classified in Industry 451220, Prerecorded Tape, Compact Disc, and Record Stores.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322305322307841Cassette, prerecorded video, rental
5322305322307841Computer video game rental
5322305322307841Laser disc, video, rental
5322305322307841Video disc rental for home electronic equipment (e.g., VCR)
5322305322307841Video game rental
5322305322307841Video tape rental for home electronic equipment (e.g., VCR)
5322305322307841Video tape rental stores

53229 Other Consumer Goods Rental
This industry comprises establishments primarily engaged in renting consumer goods (except consumer electronics and appliances, formal wear and costumes, and prerecorded video tapes).

Cross-References. Establishments primarily engaged in

532291 Home Health Equipment Rental
This U.S. industry comprises establishments primarily engaged in renting home-type health and invalid equipment, such as wheel chairs, hospital beds, oxygen tanks, walkers, and crutches.

Cross-References. Establishments primarily engaged in

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322915322917352Crutches, invalid, rental
5322915322917352Furniture, home health, rental
5322915322917352Home health furniture and equipment rental
5322915322917352Hospital bed rental and leasing (i.e. home use)
5322915322917352Hospital equipment rental (i.e. home use)
5322915322917352Hospital furniture and equipment rental (i.e. home use)
5322915322917352Invalid equipment rental (i.e., home use)
5322915322917352Oxygen equipment rental (i.e. home use)
5322915322917352Walker, invalid, rental
5322915322917352Wheel chair rental

532292 Recreational Goods Rental
This U.S. industry comprises establishments primarily engaged in renting recreational goods, such as bicycles, canoes, motorcycles, skis, sailboats, beach chairs, and beach umbrellas.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322925322927999Beach chair rental
5322925322927999Beach umbrella rental
5322925322927999Bicycle rental
5322925322927999Boat rental, pleasure
5322925322927999Canoe rental
5322925322927999Exercise equipment rental
5322925322927999Golf cart rental
5322925322927999Houseboat rental
5322925322927999Moped rental
5322925322927999Motorcycle rental
5322925322927999Personal watercraft rental
5322925322927999Pleasure boat rental
5322925322927999Recreational goods rental
5322925322927999Rowboat rental
5322925322927999Sailboat rental
5322925322927999Ski equipment rental
5322925322927999Snow ski equipment rental
5322925322927999Sporting goods rental
5322925322927999Sports equipment rental
5322925322927999Surfboard rental
5322925322927999Tent, camping, rental
5322925322927999Water ski rental
5322925322927999Yacht rental without crew

532299 All Other Consumer Goods Rental
This U.S. industry comprises establishments primarily engaged in renting consumer goods and products (except consumer electronics and appliances; formal wear and costumes; prerecorded video tapes and discs for home electronic equipment; home health furniture and equipment; and recreational goods). Included in this industry are furniture rental centers and party rental supply centers.

Cross-References. Establishments primarily engaged in

  • Renting consumer electronics and appliances - classified in Industry 532210, Consumer Electronics and Appliances Rental;

  • Renting formal wear and costumes - classified in Industry 532220, Formal Wear and Costume Rental;

  • Renting video tapes and discs - classified in Industry 532230, Video Tape and Disc Rental;

  • Renting home health furniture and equipment - classified in U.S. Industry 532291, Home Health Equipment Rental;

  • Renting recreational goods - classified in U.S. Industry 532292, Recreational Goods Rental;

  • Retailing and renting musical instruments - classified in Industry 451140, Musical Instrument and Supplies Stores; and

  • Renting a range of consumer, commercial, and industrial equipment, such as lawn and garden equipment, home repair tools, and party and banquet equipment, - classified in Industry 532310, General Rental Centers.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5322995322997359Carpet and rug, residential, rental
5322995322997359Furniture (i.e., residential) rental centers
5322995322997359Furniture, residential, rental or leasing
5322995322997359Musical instrument rental
5322995322997359Party (i.e., banquet) equipment rental
5322995322997359Party rental supply centers
5322995322997359Piano rental
5322995322997359Rug and carpet rental
5322995322997359Silverware rental
5322995322997359Table and banquet accessory rental
5322995322997359Tableware rental
5322995322997359Tent, party, rental

5323 General Rental Centers

53231 General Rental Centers
See industry description for 532310 below.

532310 General Rental Centers
This industry comprises establishments primarily engaged in renting a range of consumer, commercial, and industrial equipment. Establishments in this industry typically operate from conveniently located facilities where they maintain inventories of goods and equipment that they rent for short periods of time. The type of equipment that establishments in this industry provide often includes, but is not limited to: audio visual equipment, contractors' and builders' tools and equipment, home repair tools, lawn and garden equipment, moving equipment and supplies, and party and banquet equipment and supplies.

Cross-References. Establishments primarily engaged in

  • Renting trucks and trailers without drivers - classified in Industry 532120, Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing;

  • Renting party and banquet equipment - classified in Industry 53229, Other Consumer Goods Rental;

  • Renting heavy construction equipment without operators - classified in U.S. Industry 532412, Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing; and

  • Renting specialized types of commercial and industrial equipment, such as garden tractors or public address systems, - classified in Industry 532490, Other Commercial and Industrial Machinery and Equipment Rental and Leasing.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5323105323107359General rental centers
5323105323107359Home and garden equipment rental centers
5323105323107359Rent-all centers

5324 Commercial and Industrial Machinery and Equipment Rental and Leasing
This industry group comprises establishments primarily engaged in renting or leasing commercial-type and industrial-type machinery and equipment. The types of establishments included in this industry group are generally involved in providing capital or investment-type equipment that clients use in their business operations. These establishments typically cater to a business clientele and do not generally operate a retail-like or store-front facility.

53241 Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental and Leasing
This industry comprises establishments primarily engaged in renting or leasing one or more of the following without operators: heavy construction, off-highway transportation, mining, and forestry machinery and equipment. Establishments in this industry may rent or lease products, such as aircraft, railroad cars, steamships, tugboats, bulldozers, earthmoving equipment, well-drilling machinery and equipment, or cranes.

Cross-References. Establishments primarily engaged in

  • Renting or leasing automobiles or trucks without operators - classified in Industry Group 5321, Automotive Equipment Rental and Leasing;

  • Renting or leasing air, rail, highway, and water transportation equipment with operators - classified in Sector 48-49, Transportation and Warehousing, based on their primary activity;

  • Renting or leasing heavy construction equipment with operators - classified in Industry Group 2389. Other Specialty Trade Contractors;

  • Renting or leasing heavy equipment for mining with operators - classified in Industry 21311, Support Activities for Mining;

  • Renting or leasing heavy equipment for forestry with operators - classified in Industry Group 1153, Support Activities for Forestry; and

  • Leasing heavy equipment in combination with providing loans to buyers of such equipment - classified in Sector 52, Finance and Insurance.

532411 Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing


532412 Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing
This U.S. industry comprises establishments primarily engaged in renting or leasing heavy equipment without operators that may be used for construction, mining, or forestry, such as bulldozers, earthmoving equipment, well-drilling machinery and equipment, or cranes.

Cross-References. Establishments primarily engaged in

  • Renting or leasing heavy construction equipment with operators - classified in Industry 23799, All Other Heavy and Civil Engineering Construction;

  • Renting or leasing heavy equipment for mining with operators - classified in Industry 21311, Support Activities for Mining;

  • Renting or leasing heavy equipment for forestry with operators - classified in Industry Group 1153, Support Activities for Forestry; and

  • Leasing heavy equipment in combination with providing loans to buyers of such equipment - classified in Sector 52, Finance and Insurance.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5324125324127353Bulldozer rental or leasing without operator
5324125324127353Construction form rental
5324125324127353Construction machinery and equipment rental or leasing without operator
5324125324127353Crane rental or leasing without operator
5324125324127353Earth moving equipment rental or leasing without operator
5324125324127359Forestry machinery and equipment rental or leasing
5324125324127353Heavy construction equipment rental without operator
5324125324127353Logging equipment rental or leasing without operator
5324125324127359Mining machinery and equipment rental or leasing
5324125324127359Oil field machinery and equipment rental or leasing
5324125324127359Oil well drilling machinery and equipment rental or leasing
5324125324127359Welding equipment rental or leasing
5324125324127359Well drilling machinery and equipment rental or leasing

53242 Office Machinery and Equipment Rental and Leasing
See industry description for 532420 below.

532420 Office Machinery and Equipment Rental and Leasing
This industry comprises establishments primarily engaged in renting or leasing office machinery and equipment, such as computers, office furniture, duplicating machines (i.e., copiers), or facsimile machines.

Cross-References. Establishments primarily engaged in

  • Renting or leasing residential furniture - classified in Industry 53229, Other Consumer Goods Rental; and

  • Leasing office machinery and equipment in combination with providing loans to buyers of such equipment - classified in Sector 52, Finance and Insurance.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5324205324207377Cash register rental or leasing
5324205324207377Computer peripheral equipment rental or leasing
5324205324207377Computer rental or leasing
5324205324207359Copier rental or leasing
5324205324207359Duplicating machine (e.g., copier) rental or leasing
5324205324207359Facsimile machine rental or leasing
5324205324207359Fax machine rental or leasing
5324205324207359Furniture, office, rental or leasing
5324205324207359Mailing equipment rental or leasing
5324205324207359Office furniture rental or leasing
5324205324207359Office machinery and equipment rental or leasing

53249 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
See industry description for 532490 below.

532490 Other Commercial and Industrial Machinery and Equipment Rental and Leasing
This industry comprises establishments primarily engaged in renting or leasing nonconsumer-type machinery and equipment (except heavy construction, transportation, mining, and forestry machinery and equipment without operators; and office machinery and equipment). Establishments in this industry rent or lease products, such as manufacturing equipment; metalworking, telecommunications, motion picture, or theatrical machinery and equipment; institutional (i.e., public building) furniture, such as furniture for schools, theaters, or buildings; or agricultural equipment without operators.

Cross-References. Establishments primarily engaged in

  • Renting or leasing heavy equipment without operators - classified in Industry 53241, Construction, Transportation, Mining, and Forestry Machinery and Equipment Rental a Leasing;

  • Renting or leasing office machinery and equipment - classified in Industry 532420, Office Machinery and Equipment Rental and Leasing;

  • Renting or leasing agricultural machinery and equipment with operators - classified in Subsector 115, Support Activities for Agriculture and Forestry;

  • Renting home furniture or medical equipment for home use - classified in Industry 53229, Other Consumer Goods Rental; and

  • Leasing nonconsumer machinery and equipment in combination with providing loans to buyers of such equipment - classified in Sector 52, Finance and Insurance.

2002
NAICS
1997
NAICS
1987
SIC
Corresponding Index Entries
5324905324907359Agricultural machinery and equipment rental or leasing
5324905324907359Audio visual equipment rental or leasing
5324905324907359Carpentry equipment rental or leasing
5324905324907359Carpet and rug cleaning equipment rental or leasing
5324905324907359Compressor, air and gas, rental or leasing
5324905324907359Farm equipment rental or leasing
5324905324907359Farm tractor rental or leasing
5324905324907359Floor sanding machine rental or leasing
5324905324907359Floor waxing equipment rental or leasing
5324905324907359Furniture, institutional (i.e. public building), rental or leasing
5324905324907359Garden tractor rental or leasing
5324905324907359Generator rental or leasing
5324905324907359Industrial truck rental or leasing
5324905324907359Lawnmower rental or leasing
5324905324907359Manufacturing machinery and equipment rental or leasing
5324905324907359Materials handling machinery and equipment rental or leasing
5324905324907352Medical equipment (except home health furniture and equipment) rental or leasing
5324905324907359Metalworking machinery and equipment rental or leasing
5324905324907819Motion picture equipment rental or leasing
5324905324907359Pallet rental or leasing
5324905324907359Plumbing equipment rental or leasing
5324905324907359Power washer rental or leasing
5324905324907359Public address system rental or leasing
5324905324907359Renting coin-operated amusement devices (except concession operators)
5324905324907359Sawmill machinery rental or leasing
5324905324907359Scaffolding rental or leasing
5324905324907922Scenery, theatrical, rental or leasing
5324905324907359Skid rental or leasing
5324905324907359Sound and lighting equipment rental or leasing
5324905324907359Telecommunications equipment rental or leasing
5324905324907359Textile machinery rental or leasing
5324905324907922Theatrical equipment (except costumes) rental or leasing
5324905324907359Tractor, farm, rental or leasing
5324905324907359Tractor, garden, rental or leasing
5324905324907359Truck, industrial, rental or leasing
5324905324907922TV broadcasting and studio equipment rental or leasing
5324905324907359Vending machine rental
5324905324907359Woodworking machinery and equipment rental or leasing

 

Information courtesy of the U.S. Census Bureau.

 

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