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GOBankingRates
Sean Bryant

6 Reasons You Should — and Should Not — Buy a Luxury Car in Retirement

GCShutter / iStock.com

Many retirees would love to celebrate a lifetime of hard work by driving around in a luxury car during retirement. However, there’s one problem. That luxury purchase could quickly start eating away at retirement savings. The costs and trade-offs are something that shouldn’t be ignored. 

Read Next: I’m a Car Expert: 5 Luxury Cars To Avoid Before Retirement

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