This Overpriced Vehicle Is One Of The Worst Cars For A Retiree

Retirement is a major decision in everyone's life, with this milestone typically coming in your mid-60s. In order to commit to this, people often have to make savvy financial decisions, and those who don't run the risk of a late retirement. One way to help ensure you are able to retire on time is to make the right decision about which vehicle to drive.

With Social Security paying out about $2,000 a month, it might be tempting to choose a luxury vehicle for retirement, particularly if you have thought ahead, saved up, and have a nest egg to sit on. Even with these assets, the Land Rover Range Rover, while praised for its luxury and style, ultimately may drain the much-needed savings out of your bank account. Because of this, you might want to think twice before hitching onto the robust car payment associated with the vehicle. There are several luxury vehicles that retirees should avoid, but the Range Rover has emerged as the worst. Instead, those looking to step forward into retirement may want to consider one of the 10 most reliable and affordable vehicles of 2025.

With a deep history in overlanding combined with the style and refinement of the British Isles, Land Rover has become an increasingly popular brand in the luxury car space. One such example of this is the Range Rover, with a sleek design and flashy marketing that even shows the car driving up the steps of a Georgian mansion. But as retirees look forward to a future of leisure and relaxation, the Range Rover comes with its own slew of issues.

According to a recent GoBankingRates report, some common issues with the Range Rover include the fact that "sophisticated air-suspension parts frequently end up on back-order, leaving clients in rental limbo." Additionally, the car, which can span from $50,000 to over $100,000 depending on spec, has reportedly had issues with stopping distance, making it increasingly inappropriate for older drivers. As a whole, Land Rover also came out as the brand with the highest average cost of repairs, with owners spending more than $17,000 in maintenance and repair costs over a 10-year span, according to Consumer Reports. 

Older drivers looking to get the same drive quality and rugged performance of the Range Rover at a considerably lower cost should consider the Ford Maverick. As opposed to the British manufacturer, Ford has a considerably lower average maintenance cost. The Maverick was also ranked among the best cars for older drivers by U.S. News and World Report.