If you're trading in your subway ticket for a set of golf clubs, chances are you'll probably be shopping for a new car in the early days of your retirement. It's also likely you'll be on a stricter budget, so buying that super-expensive luxury car is out of the question. But that doesn't mean you have to trade style for comfort or price for safety. It does mean you'll have to carefully consider your options before buying a new car.
New cars lose 20 percent of their value as soon as you drive away from the dealership. Because of that, you have to think about longevity when choosing your new car. Retirees also have to consider how the car will fare as they age and contend with medical conditions such as arthritis and diminished vision.
According to the AAA, if vision is a problem, go with a car that has extendable sun visors, bigger internal controls and larger angled rear and side mirrors. If arthritis is your issue, consider four-door models, thick steering wheels, power mirrors and seats, and keyless entry.
With that in mind, here are seven cars that offer retirees comfort, appeal and most importantly, a sticker price of less than $20,000.