Comment 79626 - Raise the Hammer

Comment 79626

By DowntownInHamilton (registered) | Posted August 09, 2012 at 10:43:11

There's a fair amount to take away from this story. A few things:

This is based on US millenials, who are more mired in recession than we are here
The numbers may be declining on those with licenses, but what are the actual numbers? Are there fewer people in the age bracket as compared to almost 20 years ago?
Certainly, the prices of gas, insurance and add-ons in vehicles must account for some of this. Like the article says, millenials are willing to pay up to $3000 to get additional tech features into the cars.
Also, the article says that they may buy used, rather than new, especially when strapped for cash.

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