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ARTICLE · 16 DECEMBER 2019

Factors Driving Millennial Car Ownership

As the millennial generation ages, they are beginning to start families, which can lead them to make the same parenting decisions as prior generations.

GlobalTransport
Mark Kwilosz
Mark Kwilosz
Robert A. Bartell
Robert A. Bartell
Stephen Burt
Stephen Burt
David Althoff
David Althoff
Howard Johnson
Howard Johnson
Alexandre Pierantoni
Alexandre Pierantoni
Andreas Stoecklin
Andreas Stoecklin
Klaus Pflum
Klaus Pflum
Paul Teuten
Paul Teuten
+1 more
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Millennials choose their residence based largely on proximity to work and family.

As the millennial generation ages, they are beginning to start families, which can lead them to make the same parenting decisions as prior generations. Globally, millennials ranked their most important considerations when selecting their current residence in the following order:

  • Proximity to work
  • Proximity to family and / or friends
  • Proximity to cultural attractions and / or opportunities
  • Proximity to where you grew up
  • Proximity to better schools

Millennials and Auto Trends Report.pdf (4.0) MB

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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