Millennials Really Do Intend to Buy Cars. Thank the Pandemic.

Forget all you’ve heard about Millennials (24-39 years old) and their disdain for automobiles. COVID-19 has changed that, as 31 percent of those without a car intend to buy one in the next six months, and 45 percent of them are Millennials.

EY, a global leader in assurance, tax, strategy, and consulting services, and a member of Ernst & Young Global Limited, issued their 2020 EY Mobility Consumer Index, surveying over 3,300 consumers across nine countries. Thirty-one percent of the respondents who don’t own a car plan to buy one in the next six months, while 20 percent that already own a car say they would be open to buying another vehicle. Both groups said that one of their principal reasons to purchase is the pandemic.

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  • Dusterdude Divide asking price in half , and we can talk ..
  • FormerFF Don’t care. Looks too much like the new Bronco.
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  • Wolfwagen They look great. I wish VW would have just gone full hybrid instead of the range extender. If Trump wins the election, I think EVs will see further downturns in sales and popularity