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GOBankingRates
GOBankingRates
Laura Beck

The 12 Worst Cars for Retirees Who Want To Travel and Downsize

Tesla
Tesla

Retirement travel requires reliable transportation that holds value and doesn’t drain savings through constant repairs. Some vehicles promise adventure or luxury but deliver expensive headaches instead.

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Chris Pyle, an auto expert with JustAnswer, identified the worst cars for retirees planning to travel and downsize. His recommendations focus on avoiding high maintenance costs, poor resale value and vehicles known for frequent failures.

“As a retired person or couple, there is no need to waste your retirement income or make high monthly payments on an expensive car. Search for a used one,” Pyle said.

Luxury Models With Fast Depreciation

Lincoln Nautilus

The Lincoln Nautilus suffers from engine noise and engine-related failures according to Pyle.

“It drops in value too fast,” he said.

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Cadillac Lyriq

The Cadillac Lyriq isn’t known for parts failing but creates different problems.

“It is loaded with electronics that are expensive to replace when they do fail, and most of those electronics are tough to learn and figure out, even for the younger generation,” Pyle said. The vehicle also experiences fast depreciation like the Lincoln.

Off-Road Vehicles Best Avoided

Jeep Wrangler

The Jeep Wrangler might appeal to retirees wanting to go off the beaten path to enjoy nature, but Pyle urged thinking twice.

“It is plagued with basically everything outside the cab failing, except the paint,” he said.

Jeep Grand Cherokee

The Jeep Grand Cherokee has mostly identical issues but adds electronics failing to the list according to Pyle.

“You will spend more time in the shop and less time enjoying retirement,” he said.

Compact Cars With Major Flaws

Volkswagen Jetta

The Volkswagen Jetta has common brake-related issues and concerns with climate control.

“Plus, it is not easy to find shops outside of VW to work on them,” Pyle said.

Mitsubishi Mirage

The Mitsubishi Mirage excels as a cheap basic car but fails for retired travelers.

“You will find your old joints are going to hate you after 30 minutes in this car,” Pyle said. The discomfort makes it unsuitable for retirees planning road trips.

Kia Cadenza

The Kia Cadenza has a semi-luxury price but is subpar in luxury according to Pyle.

“Although it is a dependable car. You are just not getting what you hoped for,” he said.

Electric Vehicles With Expensive Repairs

Tesla and Rivian both made Pyle’s avoid list. Reasons include the cost of ownership once a motor or battery fails out of warranty.

“The repair cost is very close to that of the vehicle’s value,” he said.

High collision repair costs and collision insurance can often equal a car payment according to Pyle.

New Trucks Are Overpriced

Basically any new truck from Ford, Dodge, Chevy, Nissan or Toyota represents poor value.

“The light-duty up to the heavy-duty models are way overpriced,” Pyle said.

In the first five years of ownership, buyers lose about 35% to 55% of the vehicle’s value in the $30,000 to $50,000 range.

“It is better to buy one used so the first owner takes the loss,” Pyle said.

Frequent Repair Nightmares

The Jeep Renegade and Fiat 500 share the same chassis and suffer from repairs.

“Not so much the cost of the repairs, but the frequency in which they are needed,” Pyle said.

These cars spend more time sitting in shop lots waiting for repairs compared to being driven trouble-free according to Pyle.

Transmission Failures

The Ford Fiesta and many Nissan cars and small SUVs have transmission problems.

“The dual clutch transaxle and the CVT transaxle does not hold up,” Pyle said.

Once they fail, repair costs become very expensive and most independent shops won’t take on the work. “So they have to go to the dealer,” Pyle said.

Pyle’s advice centers on three criteria for avoiding bad retirement vehicles: “The car is known for failure, high maintenance costs, and resale value is super low.”

Retirees planning travel need vehicles that start reliably, handle long drives comfortably and maintain value. The vehicles on Pyle’s list fail on multiple counts, making them expensive mistakes for fixed-income buyers.

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This article originally appeared on GOBankingRates.com: The 12 Worst Cars for Retirees Who Want To Travel and Downsize

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