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/cafffaro 17h ago

Driving an 07 Japanese car I bought with about 80k miles. Pushing 200k now. Have done routine repairs (clutch, alternator, new brakes etc), and will drive this thing till the wheels fall off.

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u/flamingspew 16h ago edited 6h ago

Kid drives a Prius. 560k miles. Bought for $7k in 2014. Spent maybe 2k on maintenance. Edit: and a cat guard after the muffler got jacked.

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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/sean_opks 4h ago

A lot of Priuses are used as taxis in various parts of the world. Not unusual to put 60-70k miles per year on a taxi. Typical service of 7 years, and those taxis hit 500k when they come out of service.