Saving enough to live comfortably in retirement is the goal of most American workers, but the reality is that many seniors are struggling financially now or are at risk of financial insecurity after retirement.
Check it out: A mechanic explains why you should never buy these 6 popular car brands
Read next: 7 reasons you should consult a financial advisor before spending more than $10,000
When buying a vehicle for retirement, most drivers want reliability, fuel economy, safety and driver assistance features—but leaving the job doesn’t mean you have to give up luxury and performance.
Buying a luxury vehicle for retirement can quickly drain your savings, but it doesn’t have to be. Here are 10 reliable luxury sports cars (5 new, 5 used) for under $40,000.
Earning passive income isn’t hard, and you can start this week.
10. 2019 Lexus RC
While TrueCar thinks the latest Lexus RS “may not claim the title of fastest or most agile car in its class,” Kelley Blue Book (KBB) recommends buying the five-year-old model, which is “a solid luxury vehicle with the comfort and features to stand up to everyday use as well as fun weekend drives.” Lexus is one of the most reliable brands out there, and a great choice for drivers of all ages. KBB lists the base model for 2019 at just over $26,000.
Read more: 12 Cars That Last Longer Than Others: New, Used, American, Foreign & More
9. 2024 BMW 2 Series
While most cars have gotten larger over the years, the 2 Series remains a great compact car that is popular with driving enthusiasts. The 2 Series is a good choice for retirees because of its reliability, value, and ease of driving. It’s one of the smallest luxury cars on the market, and it offers agile handling with quick acceleration.
8. 2017 Jaguar F-Type
The 2017 Jaguar F-Type boasts a 340-hp supercharged V6, RWD or AWD, unique styling and a luxurious interior. Persevering buyers might be able to find a 550-hp V8-powered F-Type R for under $40,000, but even the regular F-Type will provide discerning retirees with a sense of well-built verve and British luxury.
7. 2024 Lexus IS
The starting price for the Lexus IS is just over $40,000, but you might be able to negotiate a discount when dealers begin inventorying the 2025 model this month or next. J.D. Power gave the IS a Customer Validation Score of 88 out of 100, ranking it No. 1 among compact “premium” cars on the market. The price is a bit of a drag for retirees, but the car comes standard with the Lexus Safety System+ 2.5, which includes automatic emergency braking, adaptive cruise control, lane centering, automatic high beams, blind spot monitoring and rear cross traffic alert.
The story continues
6. 2021 Infiniti Q60
A used Infiniti Q60 is a great choice for retirees looking for a stylish, fun two-door vehicle with modern technology and security features. Advanced driver assistance is available and smartphone integration is standard on the 2021 Q60, but as KBB suggests, it’s hard to beat the Q60 Luxe variant, which comes with cutting-edge driver assistance features like automatic emergency braking with pedestrian detection. According to KBB, all 2021 trims (Pure Coupe 2D, Luxe Coupe 2D, Red Sport 400 Coupe 2D) should be under $40,000.
5. 2024 Audi A3
What the A3 lacks in back seat and cargo space, Edmunds says it makes up for with advanced technology, comfort and stylish performance. Audi has kept the third-generation A3 for the 2024 model year, but the small sedan still has a luxurious interior, is easy on the wallet, easy to operate and delivers a powerful ride.
4. 2013 Porsche Boxster
Can you get a Porsche for under $40,000? Yes, you can own the iconic Boxster, as long as you’re willing to take a chance on a 10-year-old car. Perfect for those retiring in the warmer months, the redesigned 2013 Boxster is “one of the most fun-to-drive cars you can buy,” according to Kelley Blue Book. Prices for this model vary widely depending on the option packages selected by the original owner, but in most cases, a quick search for a 2013 Boxster near you should turn up something available between $30,000 and $40,000.
3. 2024 Cadillac CT4
For decades, the Cadillac name, along with the DeVille and Fleetwood models, have been synonymous with prestige and fortune. Today, the brand is still associated with luxury, with models ranging from the popular and pricey Escalade to the affordable CT4 sedan, which comes equipped with senior-friendly safety features such as lane departure warning, a backup camera, a navigation system, and rear cross-traffic alert. The CT4 is one of the most affordable luxury sports cars on the market, perfect for retirees looking for luxury and value.
2. 2021/2020 Audi TT (Coupe/Convertible)
iSeeCars ranks the TT coupe and convertible as the most reliable used cars in their class, and while both models prioritize style over power, the TT is popular with retirees for its ease of handling and cost-effectiveness (the base TT gets 23 miles per gallon in the city and 31 miles per gallon on the highway).
1. 2024 Acura Integra
Competitors have better features and performance, but none can match the Integra for the price. Many complain about its similarity to the much less expensive Honda Civic, but the differences between the two cars are clear when you drive them. The Integra is the smartest choice for retirees on a fixed income who want a reliable everyday car that’s comfortable, quiet and has a bit of luxury.
More from GOBankingRates
This article originally appeared on GOBankingRates.com: 10 Luxury Sports Cars Under $40,000 for Retirees
