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Economic Impact

In 2018 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         825

New Vehicles Sold                                    651,017

New Vehicle Sales                                   $21.9 billion

Total Retail Sales                                     $39.4 billion

 

Tax Impact

Sales Tax Generated                               $2 billion

Represents approx. 15.4% of total sales tax collected in Ohio

Commercial Activity Tax Paid                   $93.1 million

Real Estate Tax Paid                                $67.7 million

Payroll Tax Paid                                       $615.2 million

 

Employment

Dealership Employees                             55,192

Annual Payroll                                          $2.8 billion

Advertising

Annual Investment                                    $63 million

Charitable Contributions

Annual Investment                                     $19.9 million

 

The Average Franchised New Vehicle Dealership in Ohio...

  • Generates $47.5 million in total retail sales
  • Generates $26.4 million in new vehicle sales
  • Employs 67 people
  • Pays $3.3 million in employee wages
  • Collects and pays $2.4 million in state sales tax
  • Pays $741,231 in payroll taxes
  • Pays $81,564 in real estate taxes
  • Pays $112,173 in Commercial Activity Tax
  • Spends $558,412 on advertising
  • Donates $24,020 to charity

 

*the above information reflects data from the year 2018.