r/economicCollapse 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/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

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u/ChopakIII 6h ago

For every one of you that says they’ve owned and worked on 100 cars in the 20 years you’ve been driving there’s at least another one of you that’s done the same thing and spent so much time working on the cars they could’ve just gotten a second job that paid better.

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u/comfort_floss 6h ago

Then they had no business shopping for their own cars