In retirement, people want to choose a practical and fuel-efficient car that won't create unnecessary financial problems. However, not all models can meet these requirements. Some cars, although looking stylish, have high repair costs or unreliable parts, which can be a serious burden.
Thus, GOBankingRates experts named 5 European cars to avoid in retirement. Mini Cooper: stylish but expensive to maintain Mini Cooper attracts attention with its compactness and price starting at $28,950. However, repair costs for this car are 30% higher than average.
The N14 engines require regular maintenance, and the low ground clearance makes the car vulnerable to damage. For retirees, this can be an expensive and troublesome choice. BMW 3 Series: high price and expensive repair costs The BMW 3 Series, with a starting price of $45,500, is a prestigious car.
However, the high initial cost is compounded by significant repair costs, especially for older models. Due to the shortage of spare parts, maintaining such cars can be a financial challenge for retirees. Land Rover Range Rover: problematic luxury The Land Rover Range Rover is a premium car that is notorious for its unreliability.
The 2022 Reliability Index showed it was the most unreliable used car. Mechanical problems, such as oil leaks, combined with a six-figure price, make this car a questionable choice for people who want to avoid unnecessary expenses. Volkswagen Taos: hidden costs The Volkswagen Taos seems like an affordable choice.
