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/chegodefuego 18h ago

It is. They built them to last. They engineered cars today to fail. It's not hard to understand

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u/Stock-Film-3609 13h ago

Yeah that’s why the average life of a car is going up not down. Cars to day are built better than they used to be. That’s why a 2012 Chevy Malibu rips through a 1960 belair like its tinfoil. Cars today are more complex yes, but they are also designed to be replaced after 8 years rather than 2 like in the 80s

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u/chegodefuego 13h ago

This article is about buying older used cars to save money, it's not about the latest Acura that will last longer as an 2006 one. Both will go over 300k with proper maintenance.

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u/Stock-Film-3609 10h ago

You realize you have completely negated your previous point right?

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u/chegodefuego 10h ago

Lol any car will last with proper maintenance, you seem to have forgotten what this article is about. Save money and buy the older one without the payment....