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Kiplinger
Kiplinger
Business
Donna Fuscaldo

Thinking of Getting a New Car in Retirement? Why GM's Latest News Matters

An older couple at the car dealer.

Considering buying a new car in retirement? Even with a 25% tariff on many vehicles, and despite General Motors' pledge not to raise prices on its new cars, you might still be wondering if it's the right move.

While avoiding price hikes is never a reason to purchase a big-ticket item, if you are in the market for a new car, how you purchase it will make a big difference in the overall cost of your new ride.

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