13 Best Used Cars for Retirees for Under $30K

INSURANCE - CAR INSURANCE
Cruise into retirement bliss with these budget-friendly used cars tailored for retirees.
Updated Feb. 21, 2024
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Used cars can be a great option if you want to add an affordable car to your garage.

Fortunately, car prices have been on a downward trend in recent months, so buying now might help you get ahead financially.

Check out these affordable used car options that meet the needs of retirees.

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Kia Soul

Courtesy of Kia kia soul

The Kia Soul can be a good choice if you’re looking for a compact SUV. It has a spacious interior that will appeal to many retirees who are still looking to take long road trips.

Toyota Camry

Courtesy of Toyota toyota camry

The Toyota Camry remains one of the most popular cars for drivers who are looking for a vehicle with a long history of reliability. It also has a reputation for being fuel-efficient.

Chrysler Pacifica

Courtesy of Chrysler chrysler pacifica

The Chrysler Pacifica is a minivan that might appeal to retirees who want a higher seating position, or extra space to transport items for volunteer work or have fun with the grandkids.

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Subaru Forester

Courtesy of Subaru subaru forester

The Forester gets good gas mileage, which can help trim your fuel costs. That is especially important if your retirement budget is tight.

Hyundai Sonata

Courtesy of Hyundai hyundai sonata

The Hyundai Sonata is a great alternative to the Honda Accord and Toyota Camry. It also features driver-assist technology and other great features retirees might appreciate.

Buick Encore

Courtesy of Buick buick encore

The Buick Encore gives retirees the benefits of a crossover SUV with more luxury-type finishes. The Encore also offers great safety features.

Honda CR-V

Courtesy of Honda honda cr-v

The Honda CR-V is an easy vehicle to get into and out of. It also lets you see the road better since you are sitting higher than in a sedan.

Lexus ES

Courtesy of Lexus lexus es

The Lexus ES has a smooth suspension and comfortable interior, which can be helpful if you plan to take some road trips and travel when you retire.

Chevrolet Bolt

Courtesy of Chevrolet chevrolet bolt

The Chevrolet Bolt is a good option now that you’ve ditched your daily commute and are likely doing more local driving as a retiree. For example, the 2017 Bolt gets 238 miles of range on a charge.

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Mazda 6

svetlichniy_igor/Adobe A Mazda 6

Mazda 6 has a reputation for handling well on different kinds of roads and is also known for its reliability. The car’s interior has been described as “near luxury.”

Toyota Avalon Hybrid

Courtesy of Toyota toyota avalon

Add the Toyota Avalon Hybrid to your shopping list if you aren’t ready to jump into an electric vehicle. The 2018 version of this sedan gets a combined 40 miles per gallon.

Nissan Rogue

Courtesy of Nissan nissan rogue

The Nissan Rogue includes zero-gravity seats that help reduce fatigue if you plan on taking road trips when you retire. The Rogue’s extra ride height also can help you see better.

Chevrolet Impala

Courtesy of Car & Driver chevrolet impala

The Chevrolet Impala is no longer being produced, but used models are still desirable for retirees. The Impala has safety features like forward collision alert and lane-departure warning.

One way to cut the cost of an Impala or any other used car is to save on car insurance by shopping around for the best policy.

Bottom line

Lumeez/peopleimages.com/Adobe happy asian couple using tablet on countertop

Used cars are a good option for retirees on a fixed income or those who decide to retire early and don’t have a considerable nest egg.

So, consider one of the vehicles on this list that offers essential features for retirees at a price that will not bust their budget.

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Author Details

Jenny Cohen Jenny Cohen is a freelance writer who has covered a bit of everything, from finance to sports to her favorite TV shows. Her work has been featured in The Wall Street Journal, USA Today, and FoxSports.com.

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