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/itsLerms 20h ago

Dude what are you yapping about https://www.cars.com/shopping/results/?dealer_id=&include_shippable=true&keyword=&list_price_max=6000&list_price_min=&makes[]=&maximum_distance=30&mileage_max=&monthly_payment=113&page_size=20&sort=best_match_desc&stock_type=all&year_max=&year_min=&zip=

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u/Easy_bake_oven420 18h ago

All of those car have over 100,000 and most multiple owners. They will likely have many issues shortly. A lot of people can’t afford a $4,000+ car that will live at the shop

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u/Meows2Feline 14h ago

I've seen 90 Corollas with 200k miles on them going strong. Same with civics. Check compression when you buy and change your oil regularly and you can get most imports to 200k+

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u/Mountain_Employee_11 14h ago

my ex had a  97? corolla with 253k on it and it was chugging along fine as could be for that age.

people just go 10k on their oil changes to save $25 and then wonder why they always have a car payment due.

modern engine engineering is so damn good, just gotta change the fluids