Interestingly, the only SUV on the list is the Jeep Grand Cherokee, sliding into tenth place. Perhaps that situation will change as more Millennials start to have kids of their own, but it could also mean that the current push by manufacturers to turn everything into a high-riding crossover may not end well.

While the study does not distinguish between the younger Generation Z Millennials (those born after 1995) and their older Generation Y counterparts, the buying trends seem to be similar. Although not everyone agrees, sales figures from Ford suggest that these younger Gen Z Millennials are actually keen on crossovers.

Aside from the F-150, trucks are also conspicuous by their absence. Millennials make on average $69,000 annually so their income levels are above average, however, the study does point out that college loan debt for this group is also the highest it has ever been. Then again, with the current pricing of iPhones you can hardly blame them.