It may be difficult to find any experienced driver who doesn\u2019t regret \u2014 at least a little \u2014 a vehicle purchase they\u2019ve made. After all, things can pop up once you\u2019ve been driving for a while that make you want to ditch a vehicle.<\/p>\n
As drivers approach retirement age<\/a>, they may be thinking about buying a vehicle that\u2019ll serve them well for the lifestyle they\u2019re pursuing after their working years. But those purchases can come with regrets.<\/p>\n Be Aware: I\u2019m a Car Expert \u2014 5 Luxury Cars To Avoid Before Retirement<\/a><\/strong><\/p>\n Learn More: Mark Cuban Tells Americans To Stock Up on Consumables as Trump’s Tariffs Hit — Here’s What To Buy<\/a><\/strong><\/p>\n \u201c<\/strong>I\u2019ve seen retirees buy big SUVs thinking they\u2019ll finally have time for road trips, only to realize they\u2019re burning through savings faster than they\u2019re burning gas,\u201d said Taylor Kovar, certified financial planner (CFP) and CEO of 11 Financial<\/a>. \u201cBetween higher insurance, maintenance and fuel costs, that dream ride can turn into an expensive driveway ornament.\u201d<\/p>\n Here\u2019s a look at five SUVs that experts said retirees may regret buying before retirement<\/a>.<\/p>\n Nissan Armada<\/p>\n According to Chris Pyle, an auto expert with JustAnswer<\/a>, retirees might regret buying a Nissan Armada before retirement. He said the interior is designed poorly \u2014 there\u2019s a lot of room inside, but it feels like there\u2019s not because things are laid out poorly. The fuel efficiency<\/a> may also not be great.<\/p>\n Try This: 7 Reasons You Should Switch To an Electric Vehicle in Retirement<\/a><\/strong><\/p>\n GMC Yukon<\/p>\n Pyle also said drivers may regret buying a GMC Yukon before retirement. First, it\u2019s a more expensive option and may quickly depreciate in value. Plus, it can be pretty expensive to insure and may not have great fuel efficiency retirees are seeking.<\/p>\n Volkswagen Touareg<\/p>\n \u201cClients liked the handling and durability, but overall regretted the purchase<\/a>,\u201d said Marguerita Cheng, CFP and CEO of Blue Ocean Global Wealth<\/a>. \u201cThey ended up going Lexus for the future because of the technology features and better reliability.\u201d<\/p>\n Land Rovers<\/p>\n According to Cheng, retirees and other clients were disappointed in their Land Rovers. She pointed to two main reasons: High maintenance costs and a lack of reliability.<\/p>\n Toyota Land Cruiser<\/p>\n Cheng said retirees may regret buying a Land Cruiser. She said it\u2019s a gas guzzler<\/a> and can be difficult to handle.<\/p>\n More From GOBankingRates<\/strong><\/p>\n This article originally appeared on GOBankingRates.com<\/a>: 5 SUVs Retirees Regret Buying Before Retirement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It may be difficult to find any experienced driver who doesn\u2019t regret \u2014 at least a little \u2014…\n","protected":false},"author":3,"featured_media":172493,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[64,98403,255,67,132,68,98404],"class_list":{"0":"post-172492","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-personal-finance","8":"tag-business","9":"tag-chris-pyle","10":"tag-personal-finance","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us","14":"tag-vehicle-purchase"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115085495867545893","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/172492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=172492"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/172492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/172493"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=172492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=172492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=172492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}