An additional component of this can also be explained by the success of Uber, Lyft, and the like. A few bucks a couple of times a week versus maybe an extra car in the driveway – plus skyrocketing rates for younger drivers – makes this a slam dunk for both parents and kids. Another “driver” might be the fact that a higher percentage of 20-24 year-olds still live with Mommy and Daddy, and let them continue to chauffeur them around.
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
An additional component of this can also be explained by the success of Uber, Lyft, and the like. A few bucks a couple of times a week versus maybe an extra car in the driveway – plus skyrocketing rates for younger drivers – makes this a slam dunk for both parents and kids. Another “driver” might be the fact that a higher percentage of 20-24 year-olds still live with Mommy and Daddy, and let them continue to chauffeur them around.