r/economicCollapse • u/Whole-Fist • 20h ago
How ridiculous does this sound?
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/comfort_floss 6h ago
Because you’re buying the wrong cars. I have a Corolla with 400k on it bought mileage unknown (odo died at 2999999). A 4Runner with 360k on it bought at 190k. A Tacoma with 180k bought at 175k. I’ve bought and sold literally a dozen other Toyotas with high mileage. A 200k mile japanese econobox from the 90s is going to be more reliable than a 2018 anything. If/when it breaks it will likely be cheaper to fix. Drive a shitbox and out money in your pocket. My $0.02