Investing the $1,000 monthly car payment into the market could yield approximately $77,000 after 5 years, $220,000 after 10 years, and $1.1 million after 21 years, contrasting with the depreciation of a financed car.
"But what's interesting is if you take that same $1,000 a month that you were paying for your car, instead of giving it to the BMW dealership, you just invested it into the market and you didn't even get that good of a return. Well, after 5 years, you're going to have about $77,000, which is more than what the car was worth. After 10 years, you're going to have about $220,000. And after 21 years, you're going to have about $1.1 million."