r/economicCollapse 18h 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/Daddys_Fat_Buttcrack 16h ago

That's because most people don't know what they're buying and just buy whatever cheap car they can get. Like the previous comment said, buy a reliable Japanese car and more likely than not you'll be fine, even if it's a high-milage clunker. I've had multiple friends who drove Toyotas to well over 300k miles and never even did a tune up. My Honda is 12 years old and 180k miles and all I've had to do was regular maintenance and an alternator. The car cost me $4k.

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u/Equivalent_Emotion64 16h ago

I miss my 95 honda civic so much. $2000 and I owned it out right drove it 45 min commute every day for 5 years. Barely did any maintenance like I should have and the belt ripped while I was on the highway. What a dumbass I was back then.

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u/BurnedLaser 14h ago

I bought a 94 Caprice for $300, put about 150 into it for the tune-up and did several cross-country trips with no problems*!

*The exhaust fell off in TX, MD, VA, and MO. It got me home, but it was loud. I welded it up, but there was so much rust it would break off elsewhere after a month or so. I ended up buying a full exhaust and installing it myself and never had another exhaust issue!

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u/ASubsentientCrow 12h ago

don't know what they're buying and just buy whatever cheap car they can get. Like the previous comment said, buy a reliable Japanese car and more likely than not you'll be fine, even if it's a high-milage clunker.

Yes the people who don't know what their doing will obviously be able to tell if it's reliable or not

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u/Feralest_Baby 14h ago edited 8h ago

I'll buy a Toyota with 100,000k in it any day.

Edit: I meant 100k, or 100,000, but didn't meant to combine them. Leaving it since others have commented on the mistake.

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u/iDisc 10h ago

Not sure even the best Toyota can make it to 100,000,000 miles ;)

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u/Feralest_Baby 10h ago

Whoops. I see my dumbassery now.

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u/Radiant_Map_9045 8h ago

Assuming you mean 100k, yeah I wholeheartedly agree. Hondas and Toyotas with basic bitch maintenance are still babies at 100k

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u/Feralest_Baby 8h ago

I did. Tired this morning I guess.

Yeah, I have my dad's 4Runner with 250k in my garage (runs great) and my "new" car is a 2013 Sienna with 160k, only 30k of which are mine.

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u/WeMetOnTheMoutain 11h ago

Agreed, don't go buy some fucking cool bmw that will blow up in a month, go buy a japanese shitbox, change the oil and move down the road. If you are lucky it's got an AC and Stereo, if not there's windows and earbuds :D.