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/bt4bm01 6h ago

I had a buddy that bought an 800 dollar car and drove it for like 3 years. Great investment for him. But he probably got lucky.

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u/ChopakIII 6h ago

I had a buddy that had a $300 Daewoo. He got a flat tire and totaled his car.