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Best New Cars on a Tight Budget

July 24, 2014

If you're close to retiring, that means you'll be on a pretty strict budget to help ensure your retirement dollars go the full distance. So finding yourself in need of a new car may seem like a very daunting task -- can you really afford an expense like that right now?

BankRate.com understand this, and to help they've recently released a list of what they consider the top seven cars for retirees on a budget. All the cars on the list are below the $36,500 mark, and include vehicles that received top marks for safety and ride quality. Vehicles on the list include the 2015 Ford Fusion Hybrid SE, 2014 Jeep Grand Cherokee Limited, and 2014 Chevrolet Impala 2LT.

And to really stay within your budget, make sure to use both TrueCar No Haggle and Edmunds Price Promise for even greater savings on these vehicles.

VehiclePriceCity MPGHighway MPG
2014 Mazda3 iTouring Sedan$20,6452941
2015 Kia Optima LX$23,2502334
2015 Ford Fusion Hybrid SE$27,2804441
2014 Hyundai Azera$31,0001929
2014 Chevrolet Impala 2LT$31,0251929
2014 Toyota Sienna XLE$33,6451825
2014 Jeep Grand Cherokee Limited$36,4951725

My Recommendation for Car Shoppers

TrueCar, Edmunds, and 1-800 Car Show are the quickest way to see the lowest car prices in your area. These sites show you no-haggle prices from dealers closest to you - and the deals are usually really good. This should be the first step you take when negotiating your car price. Follow this up with my checklist to make sure you squeeze out every last bit of savings.
- Gregg Fidan

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Gregg Fidan

About: Gregg Fidan


Gregg Fidan + is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.

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