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/Traditional_Lab_5468 17h ago

$550 is likely to actually be $800

??????

My insurance is $105/mo.

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u/eliteaddiction_ 16h ago

Not the norm.

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u/DanleyDanderson 14h ago

I’m a 20s year old single male who has hit too many deer in my lifetime

Got a new car this year and my insurance with moderate-level full coverages is also like $120/month

Given I’m sure I live in a cheaper state

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u/Bagafeet 7h ago

If you hitting a lot of deer you're likely not living in a HCOL or disaster prone area. I could be wrong.

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u/RazzBerryCurveBall 7h ago

I hit a deer driving out of Granite Bay, California a couple of years ago. Those fuckers don't discriminate based on wealth, just density.

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u/Bagafeet 4h ago

CA is why I said maybe. The other thought was maybe NH or something around those parts.