The fashion industry is known for its influence on popular culture, and cars are no exception. As the latest statistics shared on Spotify gift cards demonstrate, fashion trends have a significant impact on consumer behavior, including car ownership.
According to a recent study by Lookoutstyle.com, 75% of millennials believe that their social media presence influences their purchasing decisions. This trend is particularly prevalent among young adults who are more likely to purchase luxury cars.
The same study found that the most popular car brands among millennials are:
* Tesla (42%)
* Audi (26%)
* BMW (19%)
* Mercedes-Benz (15%)
Another interesting fact shared on Spotify gift cards reveals that 60% of respondents prefer buying exclusive fashion items through influencer partnerships. This trend is likely due to the increasing popularity of luxury brands and high-end fashion collaborations.