Title: “Exploring Timeless Cars for Your Retirement Years”
If you are approaching retirement this year or within the next five years, you may be contemplating whether to stick with your current vehicle or upgrade to a new one. The ideal car for retirees should offer a reasonable price, safety features, and reliability to suit your needs as you transition into retirement.
To help you make an informed decision, GOBankingRates has gathered car recommendations from experts in the auto industry to identify top cars for retirees. Read on to discover six cars that are durable and budget-friendly for your retirement years.
Honda CR-V
Price: Starting at $31,450
The Honda CR-V has earned recognition as a Top Safety Pick for Small SUVs in the IIHS-HLDI 2024 Top Safety Picks. It boasts key safety features such as crashworthiness, good headlights, and seat belt reminders. Retirees often favor small SUVs like the CR-V due to their easy accessibility and spacious interiors. While it may lack the excitement of sportier cars, the CR-V offers a comfortable and fuel-efficient option for retirees.
Subaru Forester
Price: Starting at $28,190
Similar to the CR-V, the Subaru Forester is a small SUV known for its ease of entry and exit. Retirees can benefit from the Subaru Mobility Assist Program, which provides reimbursement for necessary modifications. With ample storage space, supportive seating, and all-wheel drive, the Forester offers stability in various driving conditions. Retirees seeking a more affordable option can explore older models ranging from $17,000 to $32,000.
Kia Soul
Price: Starting at $21,665
Despite its appeal to younger buyers, the Kia Soul is favored by retirees for its spacious interior and raised height, making it easy to get in and out of. For those on a budget, used Kia Soul models from 2018-2019 are recommended, with prices ranging from $11,000 to $13,000.
Honda Accord
Price: Starting at $29,390
If you prefer a midsize sedan for your retirement years, the Honda Accord is a reliable choice. With a focus on safety, comfort, and affordability, the Accord offers a practical option for retirees looking for a well-rounded vehicle.
The Honda Accord is known for its ease of access and spacious, comfortable interior. U.S. News & World Report highly recommends this vehicle, especially for its cost-effective gas mileage. With impressive highway fuel efficiency of 37 mpg and a city driving rating of 29 mpg, the Accord proves to be an economical choice for drivers.
In terms of safety, the Honda Accord has received accolades as one of IIHS-HLDI’s Top Safety Picks for Midsize Cars, excelling in crash and safety tests. Moving on to the Hyundai Palisade, which comes with a starting price of $39,000, it has also been recognized as a Top Safety Pick for Midsize SUVs by IIHS-HLDI. While positioned at the higher end of the price spectrum for retirees, the Hyundai Palisade offers great value for money. Noteworthy features include automated emergency braking and pedestrian detection, along with a massaging seat for the driver and convenient ingress and egress from the vehicle, ensuring a safe and comfortable driving experience in a stylish package.
For those seeking a reliable, affordable, and comfortable midsize car, the Toyota Camry stands out with a starting price of $27,515. Known for its V6 engine options and all-wheel drive availability, the Camry caters to various preferences. Safety-conscious older drivers will appreciate the Toyota Safety Sense 2.5+ suite of safety technologies, offering features like a pre-collision system with pedestrian detection, automatic high beams, and lane departure alert with steering assist.
Introducing an electric vehicle option for retirees, the Hyundai IONIQ 5, with a starting price of $42,985, offers a Top Safety Pick ranking along with quick charging capabilities. While slightly pricier than the Hyundai IONIQ 6, the IONIQ 5 boasts most recommended features, including advanced safety technology like automatic emergency braking and blind-spot monitoring in the base SE Standard trim. This ensures retired drivers can prioritize safety without the need for additional spending while enjoying the benefits of an electric vehicle.
Elders looking for longevity in their vehicle investments are encouraged to consider these six affordable car options that are designed to last throughout their entire retirement.
