https://www.seniorsguide.com/retirement-planning-elder-law-senior-finance/financehow-to-buy-a-car-in-retirement/
The best way to buy a car in retirement is to plan for it. Of course, if you need a car right now, this method won't work. But if you anticipate needing or wanting one a few years into the future, this is the way to go. The technical term for putting aside money for a future purchase is setting up a "sinking fund." It amounts to building

https://www.newretirement.com/retirement/should-i-buy-a-new-car-or-save-for-retirement/
Used cars typically allow you to save money on insurance because, with a pre-owned vehicle, you may not need to pay for comprehensive insurance coverage on your car. You will want to take advantage of any possible way to reduce your monthly payments as you approach retirement. Often people opt for a new car because they would rather not spend

https://www.youtube.com/watch?v=4P1hGBuduwQ
If you are in (or close to) retirement, how you purchase your NEXT car might very well be different than your last car. Watch this video to see whether you s

https://www.the-ifw.com/lifestyle/tips-retirees-purchase-new-car/
Weigh the decision to use retirement funds to buy a car and assess financial stability before making any purchase. Evaluate lifestyle needs, set long-term goals, and consider potential risks such as early withdrawal penalties when deciding whether to plan for the full amount or lease a vehicle. Research cars on the market, create a budget

https://www.investopedia.com/articles/retirement/060916/should-retirees-buy-or-lease-cars.asp
If a retiree's plans include a lot of long-distance motor vehicle travel, it may be more affordable to purchase a car, rather than lease one. Leasing a brand new car with relevant safety and

https://www.seniorsguide.com/lifestyle/tips-for-buying-a-new-car-in-retirement/
To navigate through this new chapter, you're going to need a new car that will allow you to enjoy the adventures you have planned down the road. However, many Americans entering retirement are unsure about the best way to go about buying a new car. To get you started, consider these tips for buying a new car in retirement!

https://jalopnik.com/should-i-buy-a-car-before-or-after-i-retire-1839996894
Email me at tom.mcparland@jalopnik.com! As Jalopnik's resident car buying expert and professional car shopper, I get emails. Lots of emails. I've decided to pick a few questions and try to

https://www.consumerreports.org/cro/2013/05/smart-retiree-s-guide-to-buying-your-last-car/index.htm
Before you decide to buy, check out Consumer Reports' reliability ratings to make sure the vehicle not only does well in our testing but can hold up over time. Also, see our report on making your

https://www.forbes.com/sites/nextavenue/2022/06/30/tips-for-older-adults-buying-a-new-car-in-todays-market/
Buyers paid above MSRP in 82.2% of all new vehicle purchases in January 2022, compared with 2.8% in January 2021 and 0.3% in January 2020, according to the research firm Edmunds. "These days I

https://www.caranddriver.com/auto-loans/a32783047/leasing-a-car-vs-buying-used/
Enjoy many of the advantages of a new car. Leasing gives you the advantages of having a new car, like the newest technology and a warranty, at a much lower cost than buying new. Your costs are

https://moneywise.com/managing-money/retirement-planning/best-cars-for-your-retirement
Hop aboard and buckle up as we count down the 10 best new cars for older drivers, as selected by Consumer Reports. 10. Nissan Rogue. Nissan. 2019 Nissan Rogue. Starting MSRP: $24,800. The outdoorsy Nissan Rogue compact SUV offers easy access to the front seat, so you can get into the car without ducking or climbing.

https://www.cnbc.com/select/buy-or-lease-car/
Whether it's better to buy or lease a car is an age-old question. Making that choice may be especially challenging considering vehicle prices and interest rates have been on a wild ride since 2022.

https://www.kiplinger.com/personal-finance/new-used-or-leased-is-now-the-time-to-buy-an-electric-vehicle
The credit is worth up to $7,500, providing a hefty incentive for consumers to spring for an EV. And now used EVs that are at least two years old are eligible for a credit, too—up to $4,000 or

https://www.consumerreports.org/cars/buying-a-car/leasing-vs-buying-a-new-car-a9135602164/
The choice between buying and leasing a car is often a tough call. On the one hand, buying involves higher monthly costs, but you own an asset—your vehicle—in the end. On the other hand, a

https://carmichael-hill.com/lease-vs-buy-a-car-in-retirement/
By Matt Bacon As advisors, we field questions from clients on just about every topic you can imagine. Bitcoin, online college, and the price of gold are a few we fielded this week. We had another good one that made us stop and think: Lease vs. buy a car in retirement, what's

https://www.dfcu.com/articles/getting-a-car-new-used-or-leased/
Leasing. A third option, rather than buying used or buying new, is to lease a new car. The biggest benefit to leasing rather than buying is that you can get more car for your dollar. When you lease, you don't pay on the full purchase price of the car, rather, you pay on the depreciation of the car.

https://clark.com/cars/buy-new-used-lease-car/
Clark says even if you consider leasing a vehicle, you'll pay more for it because of the car industry's overall high prices right now. And while he usually prefers that you buy a used vehicle, the fact that some new cars are currently cheaper than their older models makes it OK to opt for new. "Right now, one-year-old vehicles are usually

https://www.edmunds.com/car-buying/compare-the-costs-buying-vs-leasing-vs-buying-a-used-car.html
Buying New: The average amount financed for a new compact SUV is about $28,905, with a down payment of $3,847. The average interest rate is 3.9%, resulting in a monthly payment of $482. Buying

https://www.truecar.com/blog/new-used-leased/
Among those we surveyed, slightly over half owned their car outright, and a third still made monthly payments. Just over 6% leased their current vehicle, and just under 9% didn't have an auto at all. Interestingly, of those making loan payments, 58.7% did so on a pre-owned car, versus the 41.3% who bought a new car.

https://www.moneyexpert.com/car-finance/leasing-vs-buying-next-car/
Leasing a car can be compared to a long term rental. You pay a monthly fee to use the car for the years and mileage agreed within your contract. This is known as personal contract hire (PCH) where you lease a car for a short period of time e.g. 2 years. You pay relatively low monthly repayments and return the vehicle at the end of your lease.

https://www.businessinsider.com/buy-new-car-vs-used-leasing-chip-shortage-2021-9?op=1
Shoppers traditionally found the most value on the secondhand market, but that's less clear as of late. Used-car values have shot up roughly 30% over the course of the pandemic, according to

https://www.allstate.com/resources/car-insurance/new-used-or-leased
Should you lease your new car, or should you finance it? What’s the difference, and how does it affect your auto insurance? Learn more before choosing your next car.

https://www.nerdwallet.com/article/loans/auto-loans/6-rules-for-first-time-car-buyers
6 Rules for Buying Your First Car. Break it down into an orderly process: budgeting, financing, choosing a car and then negotiating a clean deal. By Philip Reed.