Youngsters are ditching owning cars

Thursday 16th July 2015 07:16 EDT
 

Many elderly people have been retaining their licences, while on the other hand, many youngsters are no longer lured by the concept of having a car.

According to a new study, young people were avoiding owning a car due to the rising cost of insurance. There are also taxi-sharing apps, internet shopping and better public transport that does not make them feel the need to own a car.

Elderly drivers have kept onto their licences and cars in order to “preserve their independence.”

The results showed that the number of 17 to 20-year-olds with a driving licence had decreased in the last 20 years. In 2013, 31% held a licence, compared with almost half in 1992.

the number of driving licence holders among people over 70 had increased from 33% to 62%. The statistics in the mid-1970s was 15%.

The commission's study said, “The research demonstrates that young people are 'falling out of love' with the car, and place greater weight on alternative consumer products, while older people see the car as an important part of their lifestyle.”

The researchers also found that pensioners in the urban areas often owned a car, however, they were much likely to travel by public transports to use their free bus passes and senior rail discounts.  


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