Economic Impact

In 2016 OADA conducted a statewide survey of Ohio dealer members and the tremendous impact they have on their local communities and the state of Ohio's economy; the results were staggering:

Dealership Sales

Number of New Vehicle Dealerships         743

New Vehicles Sold                                    594,309

New Vehicle Sales                                   $19.4 billion

Total Retail Sales                                     $34.1 billion

Represents approx. 18% of the state's total retail sales

Tax Impact

Sales Tax Generated                               $1.55 billion

Represents approx. 15% of total sales tax collected in Ohio

Commercial Activity Tax Paid                   $83.2 million

Real Estate Tax Paid                                $47.7 million

Payroll Tax Paid*                                      $413 million

   *Includes employee + employer contributions

Employment

Dealership Employees                             42,367

Annual Payroll                                          $2.36 billion

Advertising

Annual Investment                                    $423.4 million

Charitable Contributions

Annual Investment                                     $19 million

 

The Average Franchised New Vehicle Dealership in Ohio...

• Generates $45.9 million in total retail sales
• Generates $26.1 million in new vehicle sales
• Employs 57 people
• Pays $3.18 million in employee wages
• Collects and pays $2.08 million in state sales tax
• Pays $556,527 in payroll taxes
• Pays $64,240 in real estate taxes
• Pays $112,051 in Commercial Activity Tax
• Spends $569,883 on advertising
• Donates $25,489 to charity

 

*the above information reflects data from the year 2016.