7 Best Cars for Retirees on a Budget
Written by
Chris Adam
Edited by
Nicholas Morine
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If you’re in the market for a vehicle, it’s likely you’ve been searching for a good deal. If you’re a retiree on a budget, that’s probably especially true.
As drivers advance in age, their needs can change when it comes to cars. According to U.S. News, “Since many seniors are on a fixed income, you may seek out cars with solid fuel economy to reduce monthly expenses. Finally, having a vehicle with a full complement of driver aids may become essential since safety often takes on greater importance for seniors.”
Here’s a look at seven of the best cars to consider if you’re a retiree on a budget.
2024 Toyota Camry
U.S. News suggested looking at the 2024 Toyota Camry as a good vehicle for a retiree. You should find one for under $27,000. You’ll find lots of entertainment, a simplified infotainment system and good fuel economy.
2024 Subaru Forester
For a little bit more, you could check out the 2024 Subaru Forester. You may like the all-wheel drive, roomy interior and solid ride quality. In addition, the Forester is rugged enough to help with some off-roading for weekends in the outdoors.
2024 Ford Maverick
Maybe you’re a retiree looking for an affordable truck. The 2024 Ford Maverick may be a good choice. For starters, the base price is around $24,000. As U.S. News outlined, “This compact truck’s unibody design gives it a smooth ride, so it’s a pleasant choice for grocery-getting and running errands while its reasonable dimensions make it easy to maneuver and park.”
2024 Honda Accord
Here’s a midsize car you should probably check out if you’re a retiree on a budget. After all, it’s been named by U.S. News as the best midsize car for the money. You should find it for under $28,000. You’ll probably find that the Accord offers a smooth ride and good gas mileage.
2024 Honda CR-V
For around $30,000 or a bit more, this may be a good option for you. As Kelley Blue Book detailed, “With carlike driving dynamics and comfort, the Honda CR-V offers loads of space, a quiet environment, and fuel economy that’s about average for this class.” The CR-V is also known for being a safe ride.
2024 Honda HR-V
If you’re looking for a slightly less expensive Honda, you could check out the HR-V. Per Kelley Blue Book, “For whatever reason, the government classifies the HR-V as a small station wagon. It isn’t. It is a crossover, providing ample passenger space.” This is also one of the vehicles on this list where you may want to consider spending a bit more money to go beyond the base model to add extra safety features.
2024 Hyundai Tucson
“Compact SUVs like the Hyundai Tucson are excellent for older drivers, offering abundant utility, higher seating than cars and good sightlines,” according to U.S. News. The Tucson goes for under $28,000 and offers a comfortable ride and good gas mileage.
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