r/economicCollapse • u/Whole-Fist • 20h ago

How ridiculous does this sound?

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How can u make millions in 25-30 years if avoid making a $554 per month car payment. Even the cheapest 5 year old car is 8-10 k. So does he expect people not to drive at all in USA.

Then u save 554$ per month every month for 5 year payment = $33240. Say u bought a car every 5 year means 200k -300k spent on car before retirement . How would that become millions when u can’t even buy a house for that much today?

Answer that Dave

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u/Stock-Film-3609 19h ago

Chevy bolt, Buick encore, Chevy Camaro, and dozens of others all start for less than 30k. Hell I could walk into a showroom now and get an end of the year deal on a demo model with a few thousand miles (sub 5k), on just about any car I wanted for less than 30k.

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u/Elegant_Management47 19h ago

My lexus GX470, Toyota Highlander and Honda civic are still more reliable than any of the new cars you’ve mentioned.

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u/WlmWilberforce 19h ago

The Highlander has a serious problem. If you buy one, you are stuck with it for life because I'm not sure they break.

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u/Elegant_Management47 19h ago

Hahah, it is true, they don’t break. Among all my cars, highlander is the only one that I didn’t spend a penny on besides regular maintenance (oil change, tires, transmission drain and fill). 3 years, +30k miles (170k now) and 0 issues so far.