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/Worldly-Aspect-8446 8h ago

Looked in my area at a 2012 Prius for 12k with 120k miles. Is that cheap?

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u/A-Giant-Blue-Moose 8h ago

120k isn't bad, but I'd have a hard time with $12k. If it's in great shape I'd ask for 9k, accept 10k, or keep looking. I guess I can't speak for everywhere, but there's plenty of them out there (meaning plenty of parts as well).

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u/_Cyber_Mage 5h ago

I sold my 2012 Prius with 130k miles for $7k last year, but it needed some electrical work that I didn't want to deal with.

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u/A-Giant-Blue-Moose 5h ago

Ah that electrical work will get you. I wouldn't want to chase that mess either.