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Gelfand has been in business for over 30 years.
After driving dozens of car models, he ranked the five worst car models for yourretirement dollar.
Chevrolet Camaro
TheChevy Camarois a modern take on the muscle car.
However, it has miles to go when it comes to reliability.
RepairPal rated the Camaro3.5 out of 5.0, andJ.D.
Power, a consumer insights company, rated it 80 out of 100.
Electrical issues with the Camaro included key getting stuck in the ignition switch and engine failure.
The car also poses potential physical problems for retirees.
Chrysler Pacifica
The versatile minivan is great for shuttling grandchildren and groceries around town.
There are other problems.
For example, the Pacifica has poor fuel efficiency, with an EPA-estimated fuel economy of 20 mpg.
This could pose an issue for retirees on a fixed income.
This is a huge issue for older retirees as it could cause physical harm.
Jeep Wrangler
Driving aJeep Wranglermay make you feel invincible.
The vehicle can withstand rain, snow, and sleet and travel across rocks.
However, itcomes with many problems, such as water leaks from the side doors.
Jeep also issued a recall on the ignition switch because it could short-circuit in the presence of water.
According to Gelfand, the Jeep Wrangler poses other challenges for retirees.
Cadillac ATS
Many dream of driving a Cadillac.
However,its a nightmarewhen it comes to driving after dark.
In addition, the Cadillac ATS is not a good buy for those on a limited or fixed income.
The average annual repair cost is $741.
The good news is that major repairs are uncommon for the Cadillac ATS.
Volkswagen Passat
Volkswagen produced thePassat modelsfrom 1992 to 2022.
The reliability of each model depends on the year it was manufactured.
The 2022 Volkswagen Passatreceived moderate reviewsfor its headlights.
Your costs will also depend on your selection year.
Sticking with the more reliable years may help your wallet.
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