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May 2: Younger generations are waiting longer to buy cars
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May 2: Younger generations are waiting longer to buy cars

Source: UMich Transportation Research Institute Published: August 2017

Danny Sheridan
Jun 16, 2019
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May 2: Younger generations are waiting longer to buy cars
www.factoftheday1.com

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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May 2: Younger generations are waiting longer to buy cars
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