Jump to content
News
Reviews
Discussons
Activity
Create New...
Close

  • 💬 Join the Conversation

    CnG Logo SQ 2023 RedBlue FavIcon300w.png
    Since 2001, Cheers & Gears has been the go-to hub for automotive enthusiasts. Join today to access our vibrant forums, upload your vehicle to the Garage, and connect with fellow gearheads around the world.

     

  • William Maley
    William Maley

    By William Maley •

    Millennials Are Buying Cars Due To A Baby Boom

    The past few years have been tiring if you happen to be a millennial. There has been countless articles talking about how this group are not buying houses or vehicles. Of course, the reason is that millennials don't have the money (saddled with more debt, having entry-level salaries, etc). But that is changing. According to a report from Bloomberg, millennials are beginning to head out to the suburbs, and purchasing houses and cars. The reason? They're having their baby boom.

    According to data from the Zillow Group, Americans aged from 18 to 34 have become the largest group of home buyers, with almost half living in the suburbs. They're upsizing their vehicles as well to go with their new home. Large SUV sales jumped 11 percent in first half of this year according to Ford Motor Co. Midsize SUVs rose 9 percent and small SUVs jumped 4 percent in the same timeframe.

    “We do see that demographic group driving larger sport utility sales as they acquire homes, create families and gain some wealth,” said Michelle Krebs, an analyst at car-shopping website Autotrader.

    “They started with compact sport utilities and now, with families, they’re moving up.”

    Expect more millennials to follow suit. LMC Automotive estimates that sales of large SUVs will rise 25 percent between now and 2025.

    “There’s no question people are waiting longer, but people still want to have children. As long as people have children and those children grow and acquire friendships, it requires more space,” said Erich Merkle, Ford’s U.S. sales analyst.

    Currently, the largest group of buyers for midsize and large SUVs are Gen Xers, but millennials are expected to eclipse them due to there being a large number of them - about 80 million.

    “There’s going to be an extra 25 million people passing into and through the 35- to 44-year-old demographic over the next 10 to 15 years,” Merkle said.

    “That’s going to lead to a gradual increase in the growth of large and midsize SUVs that’s already starting to happen.”

    Source: Bloomberg

    Go to articles

    User Feedback

    Recommended Comments

    Cmicasa the Great

    We are at 7.5 Billion. Most can not feed themselves without help. Most are crazy as fuck.. Many are as asinine as Smk.

    131.4 million births per year.
     55.3 million people die each year.

    Meaning even with death.. we are adding about 76 Million on to the roster every year at this rate.. another Billion by 2027

    As I said many times over and over again.. the Gov't of the world want to prevent wars.. famine.. inflation.. etc??? put a stop on baby births for 7 years... get this population back down to 5 Billion.. Life will be grand. FUCK BABIES!!! They SUCK. The don't do shit. Needy MUTHAFUCKAS

    • Confused 1
    Link to comment
    Share on other sites
    riviera74
    4 hours ago, Cmicasa the Great said:

    We are at 7.5 Billion. Most can not feed themselves without help. Most are crazy as f@#k.. Many are as asinine as Smk.

    131.4 million births per year.
     55.3 million people die each year.

    Meaning even with death.. we are adding about 76 Million on to the roster every year at this rate.. another Billion by 2027

    As I said many times over and over again.. the Gov't of the world want to prevent wars.. famine.. inflation.. etc??? put a stop on baby births for 7 years... get this population back down to 5 Billion.. Life will be grand. f@#k BABIES!!! They SUCK. The don't do $h!. Needy MUTHAf@#kAS

    Slow down man.  If the birthrate falls too low, you end up with Europe's or Japan's situation: too few babies to support an increasingly aging population.

    Link to comment
    Share on other sites
    oldshurst442
    6 hours ago, Cmicasa the Great said:

    f@#k BABIES!!! They SUCK. The don't do $h!. Needy MUTHAf@#kAS

     

    1 hour ago, riviera74 said:

    If the birthrate falls too low, you end up with Europe's or Japan's situation: too few babies to support an increasingly aging population.

     

    LOL

    Babies and old fogeys BOTH ARE Needy MUTHAf@#kAS!!!

    • Haha 1
    Link to comment
    Share on other sites
    G. David Felt
    14 hours ago, Cmicasa the Great said:

    @dfelt    Just speaking to the idea of people doing anything less than driving 2 seaters let alone buying larger vehicles for more needy ass kids in a world where we already are on the fringe of overpopulation that is un-feedable 

    Got it! 8)

    11 hours ago, oldshurst442 said:

     

     

    LOL

    Babies and old fogeys BOTH ARE Needy MUTHAf@#kAS!!!

    AND Your Not? ;)

    Link to comment
    Share on other sites
    Robert Hall
    17 hours ago, Cmicasa the Great said:

    We are at 7.5 Billion. Most can not feed themselves without help. Most are crazy as fuck.. Many are as asinine as Smk.

    131.4 million births per year.
     55.3 million people die each year.

    Meaning even with death.. we are adding about 76 Million on to the roster every year at this rate.. another Billion by 2027

    As I said many times over and over again.. the Gov't of the world want to prevent wars.. famine.. inflation.. etc??? put a stop on baby births for 7 years... get this population back down to 5 Billion.. Life will be grand. FUCK BABIES!!! They SUCK. The don't do shit. Needy MUTHAFUCKAS

    Remember, it's your responsibility to spay and neuter...help prevent overpopulation... ;)

    Link to comment
    Share on other sites
    G. David Felt
    7 minutes ago, Cubical-aka-Moltar said:

    Remember, it's your responsibility to spay and neuter...help prevent overpopulation... ;)

    We tried that by doing that to everyone that got locked up in the pych wards. Virginia was the last state to stop doing that when committed in 1989 and ended up settling out for 800 million. Sadly the ubber liberals think it is cruel punishment to keep those with poor genes from reproducing.

    Does not mean people do not love retarded, downs, mentally unstable, etc. but one does have to wonder how reproducing the weakest genes in society helps society? :scratchchin:

    Link to comment
    Share on other sites
    Robert Hall
    6 minutes ago, dfelt said:

    We tried that by doing that to everyone that got locked up in the pych wards. Virginia was the last state to stop doing that when committed in 1989 and ended up settling out for 800 million. Sadly the ubber liberals think it is cruel punishment to keep those with poor genes from reproducing.

    Does not mean people do not love retarded, downs, mentally unstable, etc. but one does have to wonder how reproducing the weakest genes in society helps society? :scratchchin:

    I have no interest in reproducing myself, but I do think that only the most well educated and those that can afford it should reproduce..no point in reproducing if you can't afford it.   Kids are very expensive and a huge responsibility.  

    Edited by Cubical-aka-Moltar
    • Agree 1
    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.

    ×



  • Support Real Automotive Journalism

    Cheers and Gears Logo

    Since 2001, Cheers & Gears has delivered real content and honest opinions — not emotionless AI output or manufacturer-filtered fluff.

    If you value independent voices and authentic reviews, consider subscribing. Plans start at just $2.25/month, and paid members enjoy an ad-light experience.*

    You can view subscription options here.

    *a very limited number of ads contain special coupon deals for our members and will show

  • Similar Content

  • Posts

    • G. David Felt
      Random Thoughts Thread

      By G. David Felt · Posted

      While not a fan of Mercedes style, great that the CLA will go Toe to Toe with Tesla 3 in range and spec that is more reliable than Tesla. Better yet on a true 800V system with top charging of 320kW, twice as fast as Tesla. https://www.topspeed.com/mercedes-benz-cla-pricing-range-aimed-squarely-at-tesla/
    • oldshurst442
      Porsche News: 2026 Porsche Cayenne Goes Electric with 1,084 Horespower

      By oldshurst442 · Posted

      Yeah...Rolex too.  *sigh* I am not enraged by this kind of business model, though. I understand the reasons as to why some brands go for this.  If the marketing and the sales tactic itself is done correctly, it ensures that the brand is viewed as prestigious and in turn desirable and the limited object that is sold is  therefore rare and exclusive.  Which in turn makes more money than brain folk think they have an object that nobody can have and makes those that do not have it wish that they did have it which in turn creates a must obtain it before the other guy obtains it.   Ferrari has perfected this formula.  No matter what limited car they come out with next, anybody with some money and clout and obviously more money than brains will always feel like they need to own the next big thing Ferrari.  Ferrari has been doing this since forever.  Porsche and Rolex only figured this out recently.  They have some bugs to work out with their marketing though. Ferrari's marketing is unbelievably excellent in preserving the prestige it has created for itself.  The question of the the sales tactic itself?    Well... its a private club that the company wants to create for itself.  And that is all that it is.  The company wants to control who is to own their product. The company protects their image this way. At least in theory. It also protects the current club members ensuring that if they want to depart with their older classics, they will get top dollar for their purchase to buy the latest new desired product, instead of the top dollar money going to scalpers of you will...  This also prevents depreciation of the older product, increases desirability for the older product AND the newer product. It ensures that the older club members continuously buy newer more expensive product  ensuring the company have future sales of future newer products.   Creating desirability and creating new members to join that so called exclusive club.     Does this create brand loyalty? That is the hope. But it does create, if done correctly, brand desirability and prestige. 
    • smk4565
      Porsche News: 2026 Porsche Cayenne Goes Electric with 1,084 Horespower

      By smk4565 · Posted

      Hyunfias and Toyotas are $50k now.  The price of these cars is nuts.  I am surprised the Chevy Trax isn’t the #1 selling car.
    • ccap41
      Porsche News: 2026 Porsche Cayenne Goes Electric with 1,084 Horespower

      By ccap41 · Posted

      This sounds EXACTLY like what Rolex does with their watches. I hate it so much.  Neither one is very good looking, IMO. However, they do look surprisingly similar.  As for the Cayenne EV: I think the overall package really couldn't be much better with the available technology right now(for mass production vehicles). It's efficient. It's EXTREMELY quick. It has great range. It charges faster than any chargers can deliver right now. It really is a near-perfect package as of today. 
    • oldshurst442
      Porsche News: 2026 Porsche Cayenne Goes Electric with 1,084 Horespower

      By oldshurst442 · Posted

      This better sell for Porsche because it will be lights out in Stuttgart.  US tariffs are messing up with their sales in the US.  EV sales have also stalled in China.   On top of that, some buyers of their real cars, the sports cars like the 911,  are frustrated with Porsche's exclusive sales tactics of their dealership network that force would be buyers of limited edition 911s to buy their CUVs and SUVs before being awarded to own a limited edition 911.     I guess I was wrong.  I said that nobody complains about Porsche's sales tactics that emulate Ferrari's tactics like they bitch about  Ferrari. Well...only auto journalists, youtubers and a handful of internet posers bitch about Ferrari.  These guys do not bitch about Porsche.  However, Ferrari owners comply with Ferrari's demands. It looks like Porsche would be owners are talking with their wallets.   Ferrari does not produce Ferraris by the boatload and THAT is why that tactic works. Porsche builds all the 911s they can sell making a 911 not that rare to begin with.  Ferraris are rare even though Ferrari sells more vehicles today than they EVER had.  Ferraris are more or less exclusive.  But I wonder, what will the US automobile market will look like when average americans wont be able to buy bread let alone 50 000 usd Porsches and Genesis vehicles?    

  • Who's Online (See full list)

  • My Clubs

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search