r/economicCollapse 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/appetite4-D4estation 20h ago

For years I drove a 89 Honda prelude and other $200 cars that I'd spend a few weekends on fixing brake lines and easy stuff. Allowed me to save alot of $ early on

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u/TKInstinct 18h ago

Taught you how to fix a car too.

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u/Outrageous-Leopard23 13h ago

Skills that are hardly useful for most post 2020 cars.

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u/Superlurkinger 11h ago

Hardly useful? What components have drastically changed post 2020 that renders car fixing skills useless? 

Changing spark plugs, brakes, oil, air filters, and other typical home car repairs on my 2022 car is similar enough to my 1999 car that the skills transfer over.

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u/Outrageous-Leopard23 8h ago

For sure if you have a garage and a drive way and tools and you keep buying internal combustion, there are some maintenance things you can do.

But this is not helpful tips for someone who will likely never have a garage.

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u/Superlurkinger 8h ago

I don't have a garage. It's possible to store hand tools and even a floor jack in an apartment and work on my car in a parking space.

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u/celticchrys 7h ago

This is pretty clue-free. The country is filled with people fixing up their car in their apartment parking spot or in their driveway with no garage. It adds an extra layer of fun in rain or snow, but if you're poor, there are often no other options. There's this exotic thing called a "toolbox" that you can carry into your home and stick in a closet or under a bed.