plac

1. colloq. plot; building lot
   Kupili smo plac blizu Beograda. — We bought a plot near Belgrade.
   Na placu će graditi kuću. — They're going to build a house on the plot.
2. (for selling cars) car lot
   Auto sam kupio na placu u Novom Sadu. — I bought the car at a car lot in Novi Sad.

A used-car lot is usually called auto-plac.