Baby boomers rank Chevy Aveo a favorite among sports cars and luxury vehicles

Baby boomers are finding themselves with more income and less responsibilities as their kids grow up and leave home, and many are using the opportunity to get rid of their minivans and economy cars and upgrade to sportier rides. TrueCar.com recently compiled a list of the top ten cars purchased by Baby boomers in 2009 and 2010. The Porsche Boxster was the top choice, with roughly 84 percent of its sales attributed to Boomers. The BMW 6 Series convertible, Mercedes-Benz Roadster, Land Rover LR2 and the Mitsubishi Eclipse Spyder rounded out the top five choices for drivers between the ages of 46 and 64.

While the majority of vehicles that made the cut were luxury and sports cars, one economical choice edged its way in to the top ten. The Chevrolet Aveo came in at number eight, ahead of the Mercedes-Benz M-Class Hybrid and the Chevy Corvette. Brand new, the car starts around $12,900 and used models from 2007 to 2010 range between $7,000 and $11,000, according to Edmunds.com, making this car a good choice for drivers who are looking to purchase a car with a bad credit car loan. Baby boomers made up nearly 70 percent of all Aveo sales in 2009 and 2010.

The subcompact car’s biggest selling point is its spacious interior, which could be useful for boomers who want to take weekend vacations, or need space to transport supplies for their latest DIY project. The little fuel-efficient vehicle comes standard with Sirius satellite radio built in, and complimentary three-months of service when purchased from a dealer. It is also equipped with the OnStar safety feature, which could prove useful if you experience problems during a weekend getaway.

Chevy also fits every Aveo with an ECOTEC four-piston, 16-valve engine with Variable Valve Timing that allows the small engine to generate 108 horsepower and 105 foot-pounds of torque. Not bad for a car that gets 35 miles per gallon on the highway. However, Edmunds.com reports that the engine has not changed much since the car’s inception in 2004, so drivers who are shopping on a budget can consider older models of the Aveo to save money without sacrificing power or fuel efficiency.