Owning a Car in N.Y.C. More Appealing Than Ever Before

"Car ownership in New York was once generally reserved for those who worked in transit deserts, those who use 'summer' as a verb, those with second homes (these last two often being the same person), who could afford garages, or those who lived in the more suburban parts of the outer boroughs, with actual driveways. Not owning a car, not knowing how to drive, or doing so poorly was a point of pride," writes Foster Kamer.

The pandemic has dramatically changed car ownership trends in New York, says Kamer. A variety of factors have contributed to an increase in demand for cars, including the desire to travel by a mode perceived to be safer, the ability to leave the city, and more disposable income as people forgo activities such as dining out and traveling.

Car registrations in June and July were up 18 percent compared to the same time last year. "Many of these New Yorkers are finding one of the most valuable quantities money can buy right now: peace amid a pandemic, relief in actual escapism," notes Kamer.