Retirees have more time to spend on the road exploring new places or visiting friends and family.
The good news is there are plenty of options for a new vehicle that can help you get around and reach your retirement goals while also featuring options that are perfect for your needs.
Check out these options that can give you a great drive as you drive around for the day or try to save money on travel for longer trips. Prices are based on the manufacturer’s suggested retail price.
If you’re over 50, take advantage of massive discounts and financial resources
Over 50? Join AARP today — because if you’re not a member you could be missing out on huge perks. When you start your membership today, you can get discounts on things like travel, meal deliveries, eyeglasses, prescriptions that aren’t covered by insurance and more.
How to become a member today:
- Go here, select your free gift, and click “Join Today”
- Create your account (important!) by answering a few simple questions
- Start enjoying your discounts and perks!
Important: Start your membership by creating an account here and filling in all of the information (Do not skip this step!) Doing so will allow you to take up 25% off your AARP membership, making it just $12 per year with auto-renewal.
Ford Explorer
MSRP: $39,755
The Ford Explorer is a classic SUV with seating that can help you see above traffic while offering plenty of space for passengers or moving items in the back.
The Explorer also earned a Top Safety Pick Plus rating from the Insurance Institute for Highway Safety, making it an attractive option if safety is a priority for you.
Toyota Camry
MSRP: $28,400
The stylish Toyota Camry was one of the bestselling vehicles last year. Its popularity means it could be easier to find a model with the features you want compared to other manufacturers.
The Camry’s hybrid engine can help you get around 50 miles per gallon, making it a good option if you’re trying to save money on gas.
Honda Pilot
MSRP: $40,200
The Honda Pilot is a good option if you’re looking for a larger SUV to help you explore the great outdoors when you’re retired and traveling more.
It also earned a Top Safety Pick Plus ranking from the IIHS, and the institute’s report noted the protection of the driver and front passenger in case of a crash.
Resolve $10,000 or more of your debt
Credit card debt is suffocating. It constantly weighs on your mind and controls every choice you make. You can end up emotionally and even physically drained from it. And even though you make regular payments, it feels like you can never make any progress because of the interest.
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1
How to get National Debt Relief to help you resolve your debt: Sign up for a free debt assessment here. (Do not skip this step!) By signing up for a free assessment, National Debt Relief can assist you in settling your debt, but only if you schedule the assessment.
Honda Accord
MSRP: $27,895
The Honda Accord can be a good option if you’re looking to downsize your big SUV or minivan for a sedan now that you’re retired.
Car and Driver magazine named the Accord one of the 10 best cars for 2024, citing its roomy interior and fuel efficiency.
Volvo S90
MSRP: $58,300
Volvo is well known for its safety features, and the Volvo S90 is no exception when it comes to different parts of the design that focus on safety.
The car’s features include lane assist, blind spot detection, and technology to help you avoid collisions. A previous year’s model also earned a Top Safety Pick Plus rating by the IIHS for its features.
Trending Stories
Chevrolet Blazer EV
MSRP: $47,600
Chevy is now offering its Chevrolet Blazer EV to drivers who want to try an all-electric option that can plug into their garage.
The all-electric Blazer may qualify for the federal tax credit for EVs, which can help you save money when you buy it and cut your operating costs, as you won’t have to worry about the price of gas.
Nissan Murano
MSRP: $38,740
The Nissan Murano offers you the space of an SUV with additional luxury features to make it more appealing if you’re using it to drive around more when you’re retired.
The crossover SUV also offers plenty of safety features, such as adaptive cruise control and forward collision warnings, to keep you safely on the road.
Mazda MX-5 Miata
MSRP: $28,985
Check out the Mazda MX-5 Miata if you’re excited about spending some of your retirement years driving a sporty two-seater instead of the minivan you used to own.
The Miata has unique styling, blind spot monitoring, and smartphone integration for safe, hands-free driving.
Acura MDX
MSRP: $51,200
The Acura MDX combines a more luxurious ride with safety features that protect you on the road.
The SUV has three rows of seating, providing plenty of passenger space or storage if needed. It also has a Top Safety Pick Plus rating from the IIHS, making it comfortable to drive.
Earn cash back on everyday purchases with this rare account
Want to earn cash back on your everyday purchases without using a credit card? With the Discover®️ Cashback Debit Checking account (member FDIC), you can earn 1% cash back on up to $3,000 in debit card purchases each month!2
With no credit check to apply and no monthly fees to worry about, you can earn nearly passive income on purchases you’re making anyway — up to an extra $360 a year!
This rare checking account has other great perks too, like access to your paycheck up to 2 days early with Early Pay, no minimum deposit or monthly balance requirements, over 60K fee-free ATMs, and the ability to add cash to your account at Walmart stores nationwide.
Don’t leave money on the table — it only takes minutes to apply and it won’t impact your credit score.
Kia Telluride
MSRP: $36,190
The Kia Telluride is also a great option if you’re looking for a roomier SUV with three rows of seats.
The space in the Telluride is perfect if you need to fill it up with items to drop your kids off at college or use the third row to drive around the grandkids.
Genesis G80
MSRP: $57,100
Drive around in style with the Genesis G80 if you want to have a more enjoyable driving experience in retirement.
The G80’s 2025 model features a stylish redesign and safety technology like a heads-up display and surround-view cameras.
Ford Maverick
MSRP: $23,920
The Ford Maverick is a great pick-up truck if you don’t need the size of a large pick-up but still want some towing capacity for outdoor activities when you’re retired.
The Maverick's available towing package can tow up to 4,000 pounds, or you can use the 1,500-pound available payload capacity.
Toyota Sienna
MSRP: $37,685
You don’t have to be a parent to drive a minivan, and the Toyota Sienna could be a great retirement option.
The Sienna is easy for drivers and passengers to get in and out of, or you can check on available mobility options for wheelchair access.
Subaru Legacy
MSRP: $24,895
The Subaru Legacy offers drivers an affordable sedan, as Consumer Reports recommends.
The Legacy also has all-wheel drive as a standard feature if you need additional performance while living in an area with winter weather.
Hyundai Ioniq 5
MSRP: $41,800
Try an all-electric SUV option if you want to skip the gas station with the Hyundai Ioniq 5, which gets around 300 miles on a full charge.
The Ioniq 5 also earned a Top Safety Pick Plus rating from the IIHS with high scores for crashworthiness if you get in an accident.
Bottom line
A new car can be a great option when you retire, but it's important to build an estimated budget before you start shopping.
Factor in the vehicle's cost, but remember to include costs like gas, maintenance, or potential repair issues. You’ll also want to shop around for the best car insurance to get a good deal that can save you money.
Lucrative, Flat-Rate Cash Rewards
FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.
Wells Fargo Active Cash® Card
Current Offer
$200 cash rewards bonus after spending $500 in purchases in the first 3 months
Annual Fee
$0
Rewards Rate
Earn unlimited 2% cash rewards on purchases
Benefits
- Low spend threshold for its welcome offer — $200 cash rewards bonus after spending $500 in purchases in the first 3 months
- Cell phone protection benefit (subject to a $25 deductible)
- Can redeem rewards at an ATM for literal cash
Drawbacks
- Foreign transaction fee of 3%
- No bonus categories
- Select “Apply Now” to take advantage of this specific offer and learn more about product features, terms and conditions.
- Earn a $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
- Earn unlimited 2% cash rewards on purchases.
- 0% intro APR for 12 months from account opening on purchases and qualifying balance transfers. 19.49%, 24.49%, or 29.49% Variable APR thereafter; balance transfers made within 120 days qualify for the intro rate and fee of 3% then a BT fee of up to 5%, min: $5.
- $0 annual fee.
- No categories to track or remember and cash rewards don’t expire as long as your account remains open.
- Find tickets to top sports and entertainment events, book travel, make dinner reservations and more with your complimentary 24/7 Visa Signature® Concierge.
- Up to $600 of cell phone protection against damage or theft. Subject to a $25 deductible.
Subscribe Today
Want extra-cash moves to come right to you?
Stop browsing endlessly. Get proven ways to earn pocket money, help cover rent, and crush your debt — sent to your inbox daily.