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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