Economic Impact

In 2024 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 800
New Vehicles Sold 563,000
New Vehicle Sales $25.8 billion
Total Retail Sales $49.6 billion

 

Tax Impact
Sales Tax Generated $2.1 billion
Represents approx. 15.1% of total sales tax collected in Ohio  
Commercial Activity Tax Paid $113.9 million
Real Estate Tax Paid  $71.7 million
Payroll Tax Paid $860.3 million

 

Employment
Dealership Employees 54,000
Annual Payroll   $3.9 billion
Advertising
Annual Investment  $508 million
Charitable Contributions
Annual Investment  $28.4 million

 

The Average Franchised New Vehicle Dealership in Ohio...

  • Generates $61.5 million in total retail sales
  • Generates $32 million in new vehicle sales
  • Employs 67 people
  • Pays $4.8 million in employee wages
  • Collects and pays $2.7 million in state sales tax
  • Pays $1 million in payroll taxes
  • Pays $88,859 in real estate taxes
  • Pays $141,286 in Commercial Activity Tax
  • Spends $630,556 on advertising
  • Donates $35,250 to charity