<prompt> Human: Last year I bought my wife a new civic for 19k, made a 6k downpayment, and borrowed the rest at 1.9. Her car is now worth about 16,000, but we only owe 10,250 on it and our monthly payment is 227.If I lost my job, and my wife stays unemployed, and we need to live off our emergency fund while both of us look for work, would it be better for us to sell the Civic to get out from under the monthly payment, and then buy her a car that costs 4k or less? I could probably scrape together another 2k by selling my motorcycle as well.We have about 15k in emergency fund and if we live barebones, that would sustain us for about six months. I will also likely qualify for unemployment if I do lose my job.My thinking is that we can afford to keep the civic and keep making monthly payments, but I want to hear some second opinions. What I like about the civic is that I know all maintenance that has been done on it, that it has been in zero accidents, doesnt smell funny, and will last us forever as long as we take care of it, which we will. Im nervous about buying a used car as they are pricier now than they ever have been, can be headachesunreliable repair-wise, and we will need something reliable for my wife when she is looking for work and finds something.  <response>: Keep the civic. 230 a month is cheap compared to a 4k car with what problems it may have. If you still need money later when through your emergency fund then sell it. 