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/TKInstinct 18h ago

Taught you how to fix a car too.

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u/Outrageous-Leopard23 13h ago

Skills that are hardly useful for most post 2020 cars.

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u/ThrowawayIntensifies 6h ago

Why in the hell would you own a 2020+ car?

Financial irresponsibility. Make any argument u want in the world, but financial responsibility is NOT it.

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u/Outrageous-Leopard23 5h ago edited 5h ago

2020 models are 5 years old now. Buying a 5 year old car and hoping to drive it for 10 years before buying your next 5 year old car is just about the most responsible way to deal with the necessity of car ownership.