Interesting. Seems younger folks just aren’t buying cars due to the onerous restrictions on licensing. This could spell trouble for car makers. And, you know, doesn’t make me think we’re raising a generation of independent people.
Interesting. Seems younger folks just aren’t buying cars due to the onerous restrictions on licensing. This could spell trouble for car makers. And, you know, doesn’t make me think we’re raising a generation of independent people.
I don’t think its all that complicated why they don’t buy cars.
The interwebs is the biggest piece of the puzzle. Amazon brings shit to their front door, so there is no need to go to the mall/walmart/etc. They spend more time on facebook with hundreds of virtual friends instead of driving to meet their half-dozen or so real friends. All the games they play are online, so they don’t drive to the ballpark to play sports.
Also, the preponderance of cell phones.
When I was of that age, twentysomething years ago, if I wanted to find my buddies, I had to go look for them. Now I just send a mass text that says something like “what up mofos!?”
I assume cars are still needed for copulation at that age, however. Maybe teenage pregnancy rates are down as a result of slumping auto sales.
The Malls are less crowded in this economy too.
I am sure that plays a big part in it, but these kids have sucked since long before this Oconomy.
The cost of insurance and gas is the killer around here. Kids just can’t afford to drive now days.
20 some years ago when I started driving I skipped lunch and used my 4 bucks a week lunch money for gas. That gas lasted me a week. 4 bucks won’t get me to town and back now.
Well hell, when you live in your mom’s basement, who needs a car?
Isn’t exercising the option to not dump a ton of money into a depreciating asset that you can get by without and avoiding the onerous restrictions and registrations a sign of independence actually?
Young folks are not buying cars because car dealers will not make the deal if they cannot cheat you.
It took me about forty years to learn that. Car dealers must cheat you. If they cannot, they will not make the deal (200% profit.) Gun dealers, too.
Come on, you know Obama and the Dems will issue a waiver to those kids, in the name of stimulating the economy!
Guess that is why the Dems are against photo ID for voting – their core block of young “Occupiers” (of their parents basements) don’t have photo ID’s!
Maybe “Guv’ment Motors” can give them a Chevy Volt – consider it priming the pump!
It seems the focus of the article is about new car purchases; I’d like to know how many are buying used cars. Personally, I’ve never purchased a car new and most likely (thanks to Dave Ramsey) never will.