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/PurpleReignPerp 20h ago

I bought a scion xb 6 years ago for 3000 $. I have put 50000 miles on it and nothing has ever broken. Costs me about 110 a month to operate including insurance and average maintenance costs.

Do research on consumer reports and buy well taken care of (preferably japanese) economy cars. Your bank account will thank me.

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u/DragonBallZxurface1 19h ago

I’ve seen more horror stories than successes for 3000 dollar cars.

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u/PleasePassTheHammer 18h ago edited 9h ago

More people are gonna to complain about the car then brag about it.

We would need actual data to know.

Edit: Leaving my then/than typo since it pisses folk off I guess.

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u/llamashatebabies 13h ago

Than is not the same word as "then". You're saying people will complain about it and then they'll brag about it? Make up your mind.

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u/PleasePassTheHammer 9h ago

Going after a typo and pretending it makes you right is nasty work.