May 2: Younger generations are waiting longer to buy cars
Source: UMich Transportation Research Institute Published: August 2017
Source: UMich Transportation Research Institute
Published: August 2017
Younger Generations are Waiting Longer to Buy Cars
Circulated: May 2, 2019
Share of drivers buying used cars by generation:
Boomer — 41%
Gen X — 47%
Gen Y — 51%
Gen Z — 63%
Share of licensed drivers by age:
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