Millennials most likely group to buy car in next year

Millennials most likely group to buy car in next year

Every week, it seems, thereês a new study showing that millennials either are or are not interested in buying a car.

The latest one, from Bankrate.com, is on the good news side for the auto industry. Nearly one-fourth of millennials plan to buy a car in the next year a much higher percentage than other age groups, the survey found.

Twenty percent of those betweeen 30 and 49 plan to buy a car in the next year, and just 10 percent of those age 50 to 64 do.

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