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GOBankingRates
GOBankingRates
Heather Altamirano

UNBELIEVABLE: 6 used luxury cars retirees should avoid | History Defined

Porsche

Driving a luxury car is one way to reap the reward for years of hard work, but not all high-end vehicles age gracefully — or affordably.

According to the Federal Reserve Bank of St. Louis (FRED), it takes an average of $5,000 a month to live comfortably in your golden years and transportation costs are $9,033 per year, which could easily skyrocket with the wrong vehicle. 

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