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>So in the future, what happens when no one owns a car We will still own personal cars, for all the same reasons we do now. The percentage of ownership will dr
by mason240 10y ago
>So in the future, what happens when no one owns a car
We will still own personal cars, for all the same reasons we do now. The percentage of ownership will drop, but I think most 2 car households will still own at least one car.
- JoeAltmaier 10y agoMillennials are not buying cars. Its changing already. The percentage will drop as previous generations die off? Then settle near zero.
- mason240 10y agoSome millennials without kids are not buying cars. As soon they start a family, they do. The only difference with my generation is that the age of things like starting a family or buying a house has jumped up a few years.
- refurb 10y agoMillennials — especially the oldest ones — are these days buying cars in big numbers. They just had a late start. Now the largest generation in the U.S., millennials bought 4 million cars and trucks in the U.S. last year, second only to the baby boomers, according to J.D. Power's Power Information Network, which defines millennials as those between 21 and 38 in 2015. Millennials' share of the new car market jumped to 28 percent. In the country's biggest car market, California, millennials outpaced boomers for the first time.[1] [1]http://www.businessinsider.com/everything-we-thought-about-millennials-not-buying-cars-was-wrong-2016-3 http://www.businessinsider.com/everything-we-thought-about-m...