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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