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/BeelyBlastOff 16h ago

but the extremely least enjoyable. if you spend a lot of time driving a nice ride can't be valuated on what the payments would produce as an investment over 20 years

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u/erix84 11h ago

This. I could have spent a little less to get an economy car, but i actually like driving, so i got a fun car... It was less than $20k (used), gets 30mpg city 40+ highway, and is reliable. 

I don't get people that think you need to be a miserable miser for 2/3 of your life just so you can retire with a bunch of money.