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More than 20% of young consumers, so-called millennials age 22 to 30, plan to purchase a car within a year, according a national survey by communications firm Capstrat.

Sixty-four percent of female millennials already have bought a vehicle, compared with 44% of males. Three percent of men and women say they’ll never buy a car.

A majority think their purchase should reflect their status, but most also say they need a co-signer.


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Car Buying Millennials Want Vehicles To Reflect Their Status, Even Though Most Need A Co-Signer

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