Get updates delivered to you daily. Free and customizable.
FinanceBuzz
15 Best Used Cars for Retirees for Under $35K
By Meredith Schneider,
5 hours ago
Cars have gotten awfully expensive over the past few years. However, there are still budget-friendly used models available that won’t destroy your budget.
That means retirees who want to level up and get a nicer car can still get something affordable.
If you don’t need the size of the F-150, the Ford Maverick is a reliable work truck at a lower price. The sleek design is modest, with a cab that is easy to get into and out of.
You can get a used 2022 Maverick for starting at just under $20,000.
3. Chevrolet Impala
Joseph Creamer/Adobe
The Chevrolet Impala has earned high marks for its comfortable ride, large trunk and standard V6 engine. You can grab a 2020 Impala starting at less than $19,000.
The Kia Soul requires a driver who enjoys a boxy frame. It gives you a spacious interior plus a hatchback.
This is an affordable vehicle on the used car market, with 2021 models starting at under $15,000.
5. Hyundai Sonata Hybrid
Walter Cicchetti/Adobe
If you're looking for a hybrid sedan, the Hyundai Sonata ranks high in comfort, reliability, and safety. It also gives you a robust 54 mpg on the highway.
You can drive away in a used 2022 Sonata Hybrid for around $27,000.
6. Subaru WRX
jetcityimage/Adobe
The Subaru WRX offers a sporty design and sleek, fully saturated colors that make it a standout on the road. Reviewers say it has only grown more refined over the years.
The Kia Carnival is classified as a minivan, but it looks more like an SUV. People love it for the amount of space it boasts for up to seven passengers.
You can find an almost-new 2023 Kia Carnival starting at around $33,000.
8. Toyota Tacoma
edb3_16/Adobe
The Tacoma comes with Toyota's reputation for quality construction, and it's likely to hold its value as the years pass.
Used 2022 Tacoma's sell for prices of around $26,500 and up.
9. MINI Clubman
VanderWolf Images/Adobe
MINIs are iconic. After 55 years of production, the storied car brand stopped making its station wagon Clubman model earlier this year.
These cars are sleek, easy to maneuver, and make the driver feel buttoned up with a little more space than the Cooper. Drivers can find a used 2021 Clubman starting at around $25,000.
The Nissan 370Z is a retired coupe that is still wildly popular on the resale market. Thanks to its spacious design, it's ranked high in comfort for two-seater cars and is recommended for taller people.
A 2020 model can be purchased for around $26,000.
11. Hyundai Elantra
be free/Adobe
The Elantra boasts more legroom than its similar-sized competitors and comes packed with safety features.
A used 2023 Elantra typically starts at around $20,500.
12. Hyundai Santa Fe
VanderWolf Images/Adobe
The Hyundai Santa Fe is a great seven-seater SUV option. It has a lot of cargo space and a wide tailgate. With a sleek and modern interior, this vehicle is suitable for road trips.
Prices begin at around $27,500 for a used 2022 Santa Fe.
The Volkswagen Golf GTI has a small footprint, making it easier to find a parking spot. It also has a classy appearance.
Those good looks come at a reasonable price: A used 2022 Golf GTI costs around $30,000.
14. Dodge Charger
pettys/Adobe
The Dodge Charger has been in production since the 1966 model year — after being introduced as a concept car in 1964 — and has a long history of impressive design and allure.
A used 2022 Charger begins at about $31,500.
15. Chevrolet Colorado
art_zzz/Adobe
The Chevrolet Colorado has quick acceleration and strong towing capabilities. Its cutting-edge tech features also draw raves.
You can grab a used 2022 Colorado starting at around $29,000.
Bottom line
There is no need to compromise on your vehicle, no matter your stage in life.
If you are a retiree, get ahead financially by checking out sales so you can score a great price on one of the already affordable cars on this list.
Money tips that can work for everyone
No matter what your bank account balance is, there's always an opportunity to optimize and improve your finances. Here's a quick checklist of things you can look at today.
Focus on paying off your debt. Debt can hold you back from making progress with your overall financial well-being. Aside from cutting expenses, there are tools that can help you pay off debt faster like balance transfer credit cards and debt counseling.
Earning extra income can give you breathing room. If finances are tight, earning some extra money to supplement your income can make a huge difference. A new job is one option to consider, but if you're not ready to make a big change or already retired, a part-time side job could be a better choice.
Cut your expenses. It sounds painful and so not fun, but it doesn't have to be. Take a look at your biggest expenses because that's where you'll probably find the biggest savings. For example, auto insurance rates have been soaring so shopping around for a new insurance company can be the fastest way to cut your bill. Also, look for ways to cut your grocery bill (despite rising inflation).
Get updates delivered to you daily. Free and customizable.
It’s essential to note our commitment to transparency:
Our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. As a platform hosting over 100,000 pieces of content published daily, we cannot pre-vet content, but we strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation.
Comments / 0