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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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+)
And car dealers (car mafia) make their money primarily through financing now. Some won't even let you pay cash for a new car.
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.
Any business has the right to refuse to sell you something
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