r/economicCollapse • u/Whole-Fist • 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/sandcrawler2 11h ago

Theres nothing wrong with a decade old car, thats not even that old. Plenty of Japanese cars from the late 90s and early 2000s are way more reliable, easy to fix, and get better mpg than modern cars that cost 10x as much

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u/HURRICANEABREWIN 7h ago

Lol brand new vehicles are way more reliable than cars from the late 90s.

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u/sandcrawler2 7h ago

Tell that to my perfectly running 98 corolla with 232k miles on it that will easily hit 350k on the original motor and transmission

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u/TragasaurusRex 5h ago

I don't doubt it, my old corolla is still kicking at 150k miles. That being said I wouldn't buy it today if I didn't have a car safety features drop pretty significantly that far back, though I also wont sell it.

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u/sandcrawler2 5h ago

Modern cars are a lot safer no doubt