GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re able to read more about oureditorial guidelinesand our products and servicesreview methodology.
For some seniors, one of those rewards is getting a new set of wheels.
If you have plenty ofmoney, maybe youll splurge on a favorite sports car or luxury sedan.
If moneys tight, youll probably opt forsomething affordable.
Or, you could split the difference and find a car that checks a bunch of different boxes.
A number of cars aresuitable for all retirees, across different income brackets.
When youre younger, you might value power, style or size in a vehicle.
But most retirees need one that is economical, not too big, and easy to drive and maintain.
This rules out most trucks, SUVs, sports cars and full-size sedans.
Compact and mid-sized carswith good gas mileage work best for retirees.
Stick to brands with great track records and youll keep more of that pension in your pocket.
Heres a look at 10great cars for retireesboth rich and poor along with five youll want to avoid.
News & World Reportdata.
Chrysler 300
This is a stylish full-sized sedan, which many older drivers like.
But the Chrysler 300, like the Mustang, does not get very good gas mileage.
For our full Privacy Policy,click here.
