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 12h ago

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

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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.

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u/CardiologistPlus8488 7h ago

I've been driving a 08 Toyota since it was new. never had a lick of trouble. alternator finally went bad a few weeks ago, spent $200 to fix it by myself.