Baby Boomers, born between 1946 and 1964, continue to age, with the oldest turning 76 this year. Nevertheless, some Boomers are willing to cash out a portion of their retirement savings to purchase the cars they’ve always dreamed of owning or, at least, the automobiles that bring them the most satisfaction. So, which cars do Baby Boomers choose to spend their hard-earned money on, according to Consumer Reports?
Popular new cars among baby boomers
Consumer Reports tracks the customer satisfaction scores of its members with data on around 300,000 member-owned vehicles. This customer satisfaction score comes from surveying owners with questions such as, “Would you buy the same car again?” Consumer Reports recently filtered its data to highlight Baby Boomers’ five most satisfying new cars. They are as follows:
- Chevrolet Corvette
- Genesis G90
- Kia Telluride
- Mazda MX-5 Miata
- Tesla Model Y
The Chevrolet Corvette is one of the most satisfying new cars for Baby Boomers
The 2022 Chevrolet Corvette represents the eighth generation of a long line of American sports cars. The eighth-generation Corvette enjoys owner satisfaction scores at the highest level, as have previous generations.
The 2022 Corvette features a 495-hp 6.2-liter V8 engine in a configuration reminiscent of “exotic supercars from Ferrari and Lamborghini,” CR says. In a bold move, Chevrolet dropped the price of the 2022 model to start at around $61,000, down from the previous year’s $90,000 starting price.
The Genesis G90 is a luxury sedan that aims to please
Sharing the same perfect owner satisfaction score as the Chevrolet Corvette, the 2022 Genesis G90 is the premier full-size sedan in Hyundai’s luxury brand lineup. Consumer Reports says the G90 “embodies stress-free luxury at a competitive price.”
The G90 has a 5.0-liter V8 engine or, as a better alternative, a 3.3-liter turbo V6. There’s also a choice between rear-wheel drive and the preferable all-wheel drive. Though the Corvette offers class-leading interior comforts, it’s still a sports car, whereas Genesis built the G90 for luxury. The rear armrest-mounted audio and climate controls add an extra touch of class, all at a starting price of about $75,000.
The Kia Telluride is a 3-row SUV with plenty of space
Offering three rows of seating for up to eight people, the Kia Telluride also earned perfect owner satisfaction scores. The Telluride shares the same platform as the Hyundai Palisade and features a quiet, comfortable ride. Its 291-hp 3.8-liter V6 provides plenty of power to merge into freeway traffic and still gets up to 30 mpg on the highway, although city driving results in about half that fuel economy.
Though the Telluride may not be the sports car or luxury ride of your dreams, it’s a perfectly reliable, comfortable midsize SUV capable of transporting the grandkids and all their gear to soccer practice in style, all for around $33,000.
The Mazda MX-5 Miata is an affordable, sporty convertible
If you’re on a budget but still have your heart set on a sporty convertible, the Mazda MX-5 Miata could be for you. Pair the six-speed manual transmission with a 2.0-liter four-cylinder to get the most out of the Miata’s 155 hp. The automatic transmission option works well, but it’s less thrilling.
The convertible top is easy to operate but allows enough road and wind noise that, along with the uncomfortable seating and stiff suspension, makes long drives uncomfortable. However, owner satisfaction remains high, and the price starts well under $30,000.
Ditch the pump and jump into a Tesla Model Y
For Baby Boomers ditching gasoline power for electric, the Tesla Model Y rates high in owner satisfaction but receives low predicted reliability scores. The Model Y is “an SUV version of the Model 3,” although it’s bigger, with more interior space.
The good news is that the Model Y shares the Model 3’s sports car-like handling, and the AWD Long Range option gets an EPA-estimated 330 miles on a full battery. The bad news is that it has an uncomfortable ride and costs nearly $66,000.