Hearted Youtube comments on Humphrey Yang (@humphrey) channel.
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Good advice in this video. Yes, many folks can't really afford the car they drive and can't imagine driving an old or tiny car that they can actually afford.
25 years ago I enjoyed buying new cars and paid them off within 2 to 3 years. 20 years ago I started buying & driving used cars (at times 10 years old or older) that were in great shape and most times had fairly low miles. Example: bought a 1992 Cadillac Deville (pristine condition & less than 40,000 miles) in 2006 that I drove for 4 years and sold for a bit more that I paid for. In 2014 (already a millionaire) bought a top of the line 2003 Cadillac Deville DTS (again pristine condition) with all the extras and again less than 40,000 miles that I sold in 2022 (still in pristine condition). Now as an early retired multi- millionaire, believe it not, I drive a small lightly used Chevy Spark.
Cracks me up every time I am standing at the traffic light next to a shiny Mercedes, BMW, Jaguar, or massive new pick-up truck knowing that these folks most likely can't afford their car, have high car-payments, and filling up the gas tank really hurts their wallet.
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