Reported 2 days ago
At 67 and retired, facing the dilemma of an aging vehicle on a limited budget is common. Many retirees are apprehensive about incurring new debt with fixed incomes, especially as car prices remain high. Essential factors to consider include monthly payments, maintenance costs, and insurance, as well as potential alternatives like buying used cars with cash or relying on public transportation. It's crucial for retirees to evaluate their budget and prioritize affordability to ensure financial stability.
Source: YAHOO