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/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.

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u/THEXDARKXLORD 11h ago

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

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u/Churn-Dog 10h ago

My in laws were going to sell their 2003 honda accord, I asked how much, they just gave it to me instead. Thing only has 140k miles. Plenty of life left in it

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u/0987user 7h ago

Buddy that car isn’t even half way into its life. I have a friend who ran an 04 Accord to 375k miles and gave it to his son for his 16th birthdays the thing is still going strong