ARTICLE
2 December 2019

Millennial City Dwellers Will Continue To Own/Lease Cars

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Duff and Phelps

Contributor

Duff and Phelps logo
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countriesaround the world.
We dug deeper to analyze results specific to city dwellers.
United States Finance and Banking
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According to our survey, 88% of global millennials living in cities who have a car expect to purchase or lease another one in the next five years.

We dug deeper to analyze results specific to city dwellers. City dwellers in the U.S. and Canada had lower rates of owning and leasing a car than all global respondents–not surprising as city dwellers tend to have more public transportation options, greater access to scooters and less distance to walk between destinations.

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ARTICLE
2 December 2019

Millennial City Dwellers Will Continue To Own/Lease Cars

United States Finance and Banking

Contributor

Duff and Phelps logo
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countriesaround the world.
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