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Chris Pyle, auto expert atJustAnswer, says you might want to pump the brakes on certain models.
Heres his take onwhich cars could drain your retirement fund faster than you think.
Cars can fail from a lot of miles as well from sitting around too much, he remarked.
And those German parts?
Hopefully, the engine or driveline does not fail.
it’s possible for you to be looking at $30,000 or more, he added.
When something goes wrong with a Bentley, its never a small fix.
Lexus LC
While Lexus is known for reliability, their sports models still require pricey maintenance.
Porsche
Those precision-engineered German parts come with precision-engineered price tags.
Even routine maintenance can eat into your fixed income faster than youd expect.
Ferrari
If you have to ask how much repairs cost… well, you know the rest.
But for most retirees, its just not worth the risk.
Sometimes the smarter move is picking amore practical rideand saving your retirement funds for adventures instead of repairs.
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