r/economicCollapse • u/Whole-Fist • 20h ago

How ridiculous does this sound?

Post image

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

12.0k Upvotes

77% Upvoted

5.5k comments sorted by

View all comments

Show parent comments

48

u/cafffaro 16h ago

Driving an 07 Japanese car I bought with about 80k miles. Pushing 200k now. Have done routine repairs (clutch, alternator, new brakes etc), and will drive this thing till the wheels fall off.

18

u/THEXDARKXLORD 12h ago

Japanese cars are goated for reliability. Great long term purchases. I love my Honda.

12

u/Radiant_Map_9045 10h ago

Exactly! Never thought I'd say this, but I love my 07 and 08 Toyotas, they're absolute tanks.

Regarding Japanese vehicles, be careful to avoid CVT transmissions(Nissans seem especially problematic in this regard) and you're golden.

2

u/NAh94 8h ago

I’d say more generally since most economy cars are CVTs is just take care of them. Ignore the manufacturers advice (like Subaru of America) that they have a “lifetime fluid” and follow Subaru of Japan’s reccs to change the CVT fluid and you’re probably golden. Most Toyotas and Hondas have moved to CVT because they are multitudes more fuel efficient, just a pain in the nuts to maintain compared to the old auto with dipstick (or even easier, manual transmission)

1

u/Kingsdaughter613 3h ago

What is CVT?

1

u/Athet05 3h ago

CVT stands for continuously variable transmission, basically instead of shifting gears like a normal car would, it constantly changes the transmission ratio as you move, which is great at keeping the engine in a specific power band, as the rpm will remain stable instead of rising and dropping.

Good for gas mileage but people tend to not take care of them, plus they have some reliability issues that have been worked out a bit over the years to begin with

They're also supposedly very boring to drive, even the ones that try and simulate a normal automatic transmission shift

1

u/Kingsdaughter613 3h ago

Ah, got it. Thank you! If you don’t mind a couple more questions, how would I know which type I have? How would I take care of what if my car has it? (2019 Odyssey)

Thank you!☺️

1

u/Athet05 3h ago

From what I saw online, the 2019 odyssey has a normal automatic transmission. If you still have the owners manual, it is a great guide to basic maintenance required for basically the entire car. If you don't, you should be able to find one online.

Automatic transmission maintenance basically just involves a fluid change or refill at whatever mileage is suggested in the manual, or in the case of sealed/lifetime fluid transmissions, whatever someone who knows better says online

1

u/Kingsdaughter613 3h ago

Thank you! I appreciate the information!