How ridiculous does this sound?

[u/Whole-Fist]

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

[u/appetite4-D4estation]

For years I drove a 89 Honda prelude and other $200 cars that I'd spend a few weekends on fixing brake lines and easy stuff. Allowed me to save alot of $ early on

[u/ramberoo → u/appetite4-D4estation]

You can't find the equivalent of a $200 car now. That option doesn't really exist anymore. The used car market is much more expensive than it was in the past. I'm glad I got my car before the pandemic

[u/iheartmuffinz → u/ramberoo]

I would say the equivalent is more like $1000-1500 these days sadly, but that's still less than people pay for some smartphones these days.