Comment 79619

By Sigma Cub (anonymous) | Posted August 09, 2012 at 08:09:49

I think the stats on drivers licenses is probably the more telling trend.

Despite glagging sales, there is also the possibility that they don't *need* to buy a car because they can borrow one easily enough. Because of design or economic neccessity, young people aged 20-34 are also living at home longer, in households that have more vehicles (and fewer children) than previous generations.

Compared to their parents' generation, they're also far more likely to live in a major metropolitan area with a well-developed transit system.

Status might also be a nominal factor. $2,000 will typically score you more when buying a laptop than it will a car. (Although even in the face of peak oil, a car probably isn't lashed to the obsolescence cycle the way that technology is in our upgrade-obsessed culture. Laptops age out around 4-5 years; most cars currently on the road in Canada are more than twice that old.)

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