<prompt> Human: Basics of the situation - 2 drivers, 3 vehicles. We own one vehicle out right, loans on other two. Payments are not a problem - this isnt a situation where we cant afford all 3, but rather a is it worth having the extra car we had 2 vehicles with loans, great vehicle opp showed up, purchased it with cash - became hubs new daily driverPayments on vehicle we no longer wantneed are 340, plus the insurance, tags, etc. I dont have an exact number, but lets say total, we would save 450 a month. We owe slightly more than what the vehicle is worth 8k. All vehicles are in good working order - none are junkers...Hubs wants to go down to two vehicles, save the 450 a month. I worry as per usual something will happen and we will need that 3rd vehicle.That 450 extra a month would really help us pay off house faster on track to pay off 9 years early now or allow for extra padding in emergency fund roughly my one year salary right now I am extremely tight-assed with my money typically, but is it time to just sell the vehicle? Should I pay off vehicle prior to selling?Edit - You guys are right...I need to just sell. Thanks. Sometimes I just get silly and caught up...  <response>: I worry as per usual something will happen and we will need that 3rd vehicle.Any reason why your first instinct is to have a spare 450mo vehicle, and not just count on repairs or being able to buy another if you actually do need it?A spare vehicle can be a good idea but for 500 a month it isnt. If you really need a spare my dad has a 2001 Accord he bought and fixed himself for like 2K all-in that hes had for years, and he commutes across the border daily for work so it makes sense to have a spare he doesnt use but also doesnt pay for any more. 6K a year for a car you may or may not use, just because of a gut instinct, doesnt seem right to me.Think of it this way - in 2014 and 2015 you paid nearly 11,000 for that piece of mind the third car gets you. At that price, why not just budget for some REALLY worst-case repairs, which is money you can keep if theyre not needed, or buy an extended warranty? 