Difference of a Decade: Owning Your First Car

The picture of American youth has evolved a great deal in the last 25 years. The millennial generation might not be as enamored with the automobile as their parents were, but a driver’s license remains one of the first rites of passage many American teens will encounter.

But getting a license and getting a car are not the same thing. For parents who scraped and suffered to purchase a first car, the decision becomes whether to help their new driver buy a ride, or let them pony up the dough themselves. With the average price of a used car more than double what it was just 10 years ago, teens are getting more help from the Bank of Mom & Dad than ever before. This graphic from CJ Pony Parts illustrates the differences.


Aaron Turpen
An automotive enthusiast for most of his adult life, Aaron has worked in and around the industry in many ways. He is an accredited member of the Rocky Mountain Automotive Press (RMAP), the Midwest Automotive Media Association (MAMA), the Texas Auto Writers Association (TAWA), and freelances as a writer and journalist around the Web and in print. You can find his portfolio at AaronOnAutos.com.