New Car Dealers’ Economic Impact: Add it up.
Dealers generate good local jobs and significant tax revenues and deliver a huge impact for the Utah economy.
Dealer revenues stay in local communities, whereas profits generated by factory-owned retail outlets flow up a vertical ladder to out-of-state shareholders.
Local dealers buy vehicles from manufacturers which reduces fiscal risk for car makers and allows them them focus on what they do best, i.e. making cars. Meanwhile when the dealer sells those vehicles locally, the sales taxes stay here in the state of Utah. And all this helps local dealers hire local people and offer steady work for good wages. Bottom line? When times are tough, a multinational giant can close a local retail outlet and move on but local dealers are tied to the community and will be there for consumers in both good economic times and bad.
New Car & Truck Dealerships
Million Paid in Utah State and Federal Taxes
Millions Paid out in Payroll
Average Annual Earnings