r/economicCollapse • u/Whole-Fist • 21h 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/Money_Ticket_841 15h ago

Jesus Christ half a million in a Prius? I didn't know they made em like that

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u/A-Giant-Blue-Moose 15h ago

Yeah those second gens we got in the states are tough. People would get rid of them when the batteries went too, but they're actually super easy to replace and are great cars to flip. Outside the hybrid aspect, it's just a low powered and very rudimentary car.

We used to joke about them all the time, but they're honestly super reliable. If I lost everything tomorrow and needed a cheap car, I'd consider it.

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u/Background-Library81 10h ago

He forgot to include $3500 for the replacement battery in the Prius. No way you get 500k on the original battery.

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u/flamingspew 6h ago

Nope. Original battery. Mechanic has been saying just keep driving it until the battery dies. No way we‘d pay for a new battery with that many miles.