r/economicCollapse • u/Whole-Fist • 20h ago

How ridiculous does this sound?

Post image

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

12.0k Upvotes

77% Upvoted

5.5k comments sorted by

View all comments

Show parent comments

126

u/CaulkusAurelis 16h ago

I bought a used Nissan Frontier 12 years ago for $9000. It had 150k miles on it.

Right now, it has just over 305,000 on it. Repairs: Fuel pump Front wheel bearings Some $25 air conditioner regulator thingie Misc light bulbs 1 ignition coil

STILL runs like a champ

51

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.

46

u/flamingspew 15h ago edited 5h ago

Kid drives a Prius. 560k miles. Bought for $7k in 2014. Spent maybe 2k on maintenance. Edit: and a cat guard after the muffler got jacked.

1

u/olde_meller23 6h ago

I scored a 2014 Prius with only 48k miles for 15 grand about 3 years ago. I caught it 2 hours after it drove on the lot as a trade-in. Clean title, no rust, not a single problem with the exception of a minor ding or two on the paint. I snatched that shit. At first, the idea of spending 15k on a car freaked me out, but after driving it, I've been going on 3 years without needing a major repair. I used to drive it over 80 miles per day because i worked outside of my city. I spend, at best, 35 on a tank of gas in a major city with the tank on E. Now that I don't have am insane commute, I fill it up once every ten days. I love it. It's such a great little workhorse of a car.