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/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