2015 Economic Impact of Franchised New Car Dealers

Total Employee Compensation

2014 Estimates

Direct

Indirect

Total

Payroll

$2,234,330,000

$983,105,200

$3,217,435,200

Fringe Benefits

$280,840,000

$126,378,000

$407,218,000

TOTAL

$2,515,170,000

$1,109,483,200 $3,624,653,200

2014 Estimates

Per Dealer

Observations • Average dealership total payroll expense during 2014 exceeded $6 million. • Total employee compensation in the metro area attributable to franchised new vehicle dealers was over $3.6 billion.

Payroll

$5,410,000

Fringe Benefits

$680,000

TOTAL

$6,090,000

Dealership Employment by County/Borough

Su olk Nassau

9,230

7,630

Putnam Staten Island Rockland Manhattan Bronx Dutchess Orange Brooklyn Queens Westchester

5,280

3,960

3,120

1,960

1,540

1,390

1,040 1,020

Franchised New Car Dealers

700

330

0

2,000

4,000

6,000

8,000

10,000

Employment at new vehicle dealerships

Observations • Estimated dealership employment was highest in Nassau County (9,230 individuals). • Dealership employment in NewYork City’s five boroughs was 10,210. • Dealership employment in the region was 37,200.

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