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Kiplinger
Kiplinger
Business
Maurie Backman

Should Sell Your Second Car in Retirement?

A bright yellow car has a "for sale" sign in the front window.

Selling one of two or more cars can be a smart way to save money, especially if you are retired or work from home. For two-car households where neither driver commutes to work anymore, it may be a no-brainer.

Almost 42% of American households have only one car or none at all, according to the U.S. Census. So, for a good portion of the country, having fewer vehicles is a viable option (when it's a choice). And there can be big benefits involved.

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