Gen Z is choosing not to drive
Gen Z is choosing not to drive
www.newsweek.com Gen Z is choosing not to drive
Less Gen Z Americans own a driver's license than previous generations, according to consulting firm McKinsey.
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122 comments
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Is that because the costs of cars has vastly exceeded inflation while wages have mostly stagnated until mid 2021? (please note: beating inflation by a bit for 2 years in no way makes up for the prior 40+)
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And car dealers (car mafia) make their money primarily through financing now. Some won't even let you pay cash for a new car.
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They can't prevent you from purchasing with cash, that is the whole Legal Tender thing. Rather they dissuade you from not taking their financing. Very very different things.
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Any business has the right to refuse to sell you something
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122 comments