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Of course, there are valid reasons to sell your cars in retirement.
But selling your car isnt always the right decision.
Here are the top reasons why retirees regret the decision to sell, according to experts.
Also, here are seven of the best cars for retirees on budgets.
Selling your car means giving up freedom.
But when you have your own car, youre a lot more free to do what you want.
But some used cars dont go for much, so selling might not justify the minimal gains.
A car is an asset that wont hurt you.
Other assets could hinder you, but those two wont.
Unexpected Costs
Ideally, retirement means cutting back on expenses.
While car ownership expenses disappear, alternatives like frequent taxis or ride-shares can become unexpectedly expensive, said Kellzi.
