Economic Impact

In 2022 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 803
New Vehicles Sold 521,000
New Vehicle Sales $23.8 billion
Total Retail Sales $47 billion

 

Tax Impact
Sales Tax Generated $2 billion
Represents approx. 16.2% of total sales tax collected in Ohio  
Commercial Activity Tax Paid $116.6 million
Real Estate Tax Paid  $81.3 million
Payroll Tax Paid $1 billion

 

Employment
Dealership Employees 55,000
Annual Payroll   $4.5 billion
Advertising
Annual Investment  $474 million
Charitable Contributions
Annual Investment  $32 million

 

The Average Franchised New Vehicle Dealership in Ohio...

  • Generates $59.6 million in total retail sales
  • Generates $30.2 million in new vehicle sales
  • Employs 70 people
  • Pays $5.7 million in employee wages
  • Collects and pays $2.7 million in state sales tax
  • Pays $1.3 million in payroll taxes
  • Pays $103,020 in real estate taxes
  • Pays $147,780 in Commercial Activity Tax
  • Spends $601,192 on advertising
  • Donates $40,709 to charity