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Cars depreciate most rapidly when theyre new.
Youll pay less, and your car will lose value more slowly.
According to experts, here are fiveused luxury carsthat are a good investment for retirees.
The vehicle also comes with a six-year, 70,000-mile powertrain warranty.
The CT5 delivers a smooth ride thats hard to beat, Musson wrote.
It also has lower maintenance costs than similar luxury vehicles.
Mercedes-Benz E-Class
The Mercedes-Benz E-Class combines high-tech features with luxury.
In addition, if you buy certified pre-owned, it comes with warranty coverage, according to Giranda.
Mercedes-Benz vehicles are engineered for longevity, and when properly maintained, they can offer years of reliable service.
The 400 offers ergonomic seating and an intuitive infotainment system.
The 400 is an excellent investment for retirees, Musson stated.
Its also one of the most reliable.
According to Musson, the 400 often reaches 300,000 miles of dependable service.
Acura MDX
The Acura MDX, amid-size crossover SUV, is a solid investment for retirees.
The roomy interior is comfortable for the driver and passengers.
Its a great car for road-tripping and hanging out with friends or grandchildren.
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