Driving Idaho's Economy 2012..Read More >>
Annual Contributions of Idaho's New-Vehicle Dealers
Idaho's dealers maintain a multi-BILLION dollar retail industry.
• Average sales per dealership........................................................................$26.7 Million
• Total sales of all new-vehicle dealerships in Idaho........................................$3.5 Billion
• Dealership sales as % of total retail sales in the state..................................15.4%
• Estimated number of new-vehicle dealerships..............................................95
Dealers provide thousands of well-paying jobs in Idaho.
• Total number of new-vehicle dealership employees in Idaho........................5,610
• Average number of employees per dealership..............................................59
• Average annual earnings of new-vehicle dealership employees...................$52,155
• Annual payroll of new-vehicle dealerships.....................................................$296 Million
AUTOMOBILE and TRUCK DEALERS...
« Are independent businesses, not manufacturer-owned stores; the vast majority are local, family-owned businesses that have been in their communities for generations
« Invest millions of dollars in land, facilities, parts and service equipment to sell and service vehicles
« Generate hundreds of millions of dollars in tax revenues for state and local government and provide nearly 15 percent of all retail spending in the U.S.
Numbers reflect annual economic activity during 2016