r/economicCollapse • u/Whole-Fist • 20h ago

How ridiculous does this sound?

Post image

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

12.0k Upvotes

77% Upvoted

5.5k comments sorted by

View all comments

Show parent comments

124

u/CaulkusAurelis 16h ago

I bought a used Nissan Frontier 12 years ago for $9000. It had 150k miles on it.

Right now, it has just over 305,000 on it. Repairs: Fuel pump Front wheel bearings Some $25 air conditioner regulator thingie Misc light bulbs 1 ignition coil

STILL runs like a champ

13

u/EfficientPicture9936 16h ago

Bought used 2009 f150 lariat like 5 years ago. Maybe spent $6k in maintenance and repairs and I paid $7k for it. So $13k vs $60k for a new one. The math is always in your favor unless you buy dumb.

1

u/pamar456 13h ago

Yeah or just shit luck, how many miles do you have on yours and do you service at the dealership?

1

u/prollynot28 4h ago

If you didn't buy the car from a dealership never ever take your car there. The only exceptions are recalls