Infiniti Research in the News: Millennials become important asset to the luxury auto market

used cars market

Infiniti Research in the News: Millennials become important asset to the luxury auto market

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Luxury Daily mentions Infiniti Research in their May 26th article

“Millennials as a whole are more interested in luxury automobiles compared to past generations, which makes the group vital to these brands as the individuals come of age and enter the car buying market.

According to a new report from Infiniti Research, millennials differ greatly compared to their predecessor generations such as baby boomers and Gen X when in comes to car buying. As the younger generation begins to see some relief from the financial woes that has previously driven their decisions, they are likely to be extremely important to luxury automakers.

Millennials and automakers

Previously, financial concern may have influenced millennials’ interest in ride sharing, rental and other temporary platforms rather than car ownership. But the tables are starting to turn, and research is showing they are more interested in buying now more than ever. Now that millennials are coming of age and finding themselves in more stable jobs, car buying is essentially the next step for them.”

Luxury Daily News: Millennials become important asset to the luxury auto market

Read our complete case study on consumer research assessment helps a leading integrated information technology company assess the millennial customer segment and their buying preferences for automobiles