What was once considered a rite of passage for American teens is apparent no more.
The percentage of teens with a driver’s license and who owns a car has fallen dramatically in the last few decades. In 2017, just a fourth of 16-year-olds had a driver’s license, down from half in 1983.
The trend makes sense given the emergence of ride-hailing services like Lyft and Uber and the expense associated with car ownership.
But what does the delay mean for parents -- and for the economy?
Call us at 866.893.5722 to weigh in.
Tyson Jominy, vice president of the Data & Analytics Division at J.D. Power
Scott Evans, features editor of Motor Trend, an L.A.-based consumer magazine for the auto industry