Generation Y & Cars

David Barkholz:

A group of Generation Y members surveyed who had bought a vehicle within three months said they visited on average 3.1 dealerships before buying vs. 2.5 visits for the slightly older Gen Xers and 1.9 for older-still baby boomers.

Helms said millennials tend to be thorough with online and in-store vehicle research, making trips to dealerships a key part of the shopping journey.

But after the experience, they said they were much more likely than their older counterparts to avoid interacting with salespeople in the future for fear of high-pressure sales tactics. Fifty-six percent said so vs. 49 percent for Gen Xers and 37 percent for baby boomers.

Helms said millennials head to dealerships thinking they’ll have a laidback Apple Store experience and end up not wanting to go back. “That reflects their dealership experience,” Helms said.

Read the Deloitte Gen Y survey here (PDF).