Page 3 2025 Economic Impact Study PRIMARY CONCLUSIONS Texas Franchised New Vehicle Dealers Vital contributors to the state’s economy: • Total jobs in Texas attributable to franchised new vehicle dealerships. . . . . . . . . . . . . . . . .245,700 • Number of jobs per new vehicle dealership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87 • Total earnings for Texas residents attributable to dealership operations . . . . . . . . . . . .$20.4 billion • Average salary for dealership employees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$88,160 • Total state and local taxes collected or paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$7.6 billion • Total federal payroll taxes collected or paid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$3.0 billion • Total dealership sales (dollars). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$146.3 billion • Number of franchised new vehicle dealerships . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,450 • Total dealership expenses (excluding cost of goods sold). . . . . . . . . . . . . . . . . . . . . . .$15.7 billion • Total dealership contributions to charitable causes . . . . . . . . . . . . . . . . . . . . . . . . . . $89.2 million • Total dealership advertising expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$1.2 billion Average Dealership Profile • Total sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100.9 million • Dealership expenses (excluding cost of goods sold) . . . . . . . . . . . . . . . . . . . . . . . . . $10.8 million • Advertisingexpenses...................................................$832,000 • Contributions to charitable causes. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$61,500 • Average dealership new and used vehicle sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1,765 units DEALERS’ CHOICE 42
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