They buy and they buy online. The time for car buying online is here and vinadvisor is ready. The Sovereign Investor broke down just how big the Millennial revolution will be, especially in the automotive market.

Second, the millennial generation is global. By that I mean there are more than 2 billion people around the world who are between the ages of 18 and 34 today. And because so many of them have grown up with the Internet and smartphones, many of their tastes and preferences are the same ? regardless of whether they live in Dubai or London or Mumbai or New York.

Millennial Car Buyers

Well it turns out this biggest generation is changing the market

Now, you should understand that millennials are already making their presence felt in our economy. A recent survey by Zillow, an online real estate company, shows that millennials account for 47% of home purchases today.

In addition, millennials represent 28% of all car buyers and account for over $1.3 trillion in spending.

originally published on vinadvisor.net
not written by me