Drive the Dream: How My 2009 Lexus Helped Me Ditch Debt and Embrace Freedom
Updated: Oct 17, 2024
When I hit 220,000 miles on my 2009 Lexus, I couldn't help but laugh. Some might call it "ancient," but I call it "vintage." Sure, it's seen more seasons than the Simpsons, but this car has done something far more critical for me than just getting me from point A to point B—it has helped shape my mindset around money and freedom.

I wasn’t always this way. There was a time when the 20 inch rims and heated seats were my best friends. Who doesn’t want that new car smell, the fresh leather seats, and the shiny rims that make heads turn at stoplights? But here’s the thing: driving an old, paid-off car has done something no new car could ever do—it’s freed me from the shackles of debt.
Old Car, New Mindset
We live in a society where people often think they need to "upgrade" as soon as something newer, shinier, and more tech-savvy comes along. What is the average new car loan? Over $37,000 with an average monthly payment of around $716. That’s like adding a second mortgage, except instead of appreciating, the thing you're paying for depreciates the second you drive it off the lot. Trust me, driving a paid-off car that's still kicking is like saying, “No thanks” to a lifetime membership in the debt club.
When I paid $5000 for my Lexus, I didn’t just get rid of the car payment—I gained a new perspective on my financial life. Suddenly, I had an extra $500+ monthly that wasn’t tied to something losing value. What did I do with that money? I didn’t use it to upgrade to a newer model. Nope. I invested it, traveled with my family, and even treated myself to some of life’s smaller joys—like a slushie and Chipotle bowls with guacamole (the real luxury in life if you ask me).
The Freedom of Having No Car Payment
Not having a car payment is like unlocking a secret level of adulting. You can do things you love instead of being chained to a monthly bill. It means I can focus on what matters—building wealth for my family, giving back to causes I care about, and enjoying the freedom of knowing I’m not one breakdown away from financial ruin. My Lexus might not have come with Apple Car Play, but guess what? I can afford to install it via Best Buy Geek Squad and keep my financial peace.
Driving an older car taught me that I don’t need to keep up with the Joneses, the Kardashians, or anyone else. Most of them are in debt because of what people think makes them “successful.” My Lexus reminds me that success is about making decisions that serve your future, not just today.
Embrace the Power of the Beater
There’s a certain beauty in the “beater car” life. Every time I pass someone on the side of the road with a flat tire on their new luxury car, I thank my old ride. It’s still kicking because I’ve taken care of it, and it’s taken care of me. Plus, driving a car with 220,000 miles is an accomplishment! It’s like a badge of honor that says, “I’ve beat the system!”
If you're tired of being car-poor, maybe it's time to embrace the beauty of driving something old, reliable, and paid for. After all, a fancy new car might turn heads, but a paid-off car will turn your financial future around. You just might find yourself falling in love with the freedom it brings. And hey, you might even find a new appreciation for the art of looking at your mirrors before you turn! (Joke to my wife 😂)
Remember Mental Wealth is lifestyle and your wealthy lifestyle should be different! So if you enjoy new cars go for it, but don’t be poor in the process!
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