<prompt> Human: Hello. Recent college grad. 32k before taxes, 1900mo income. I work as a teacher, my income was spread over 13 months as I received a paycheck in August.I recently got a 2006 Honda Accord and my monthly payments are 193.92 for 60 months. As I have adjusted to my budget and it would seem that I will have about 150 left over at the end of the month after all expenses including the car payment. This is with my student loan, rent, cell phone, car and renters insurance, gas and groceries, netflix, spotify and phone insurance. While Ive heard that having 150mo for savings is okay, it doesnt really add up fast towards building an emergency fund. This is mainly why Im wondering if I should try and get a cheaper car and pay off some of this loan. Is this a bad idea? Would I even be allowed to with the credit union having a lien on the car? Mechanically, the car is in reasonably good shape, but it needs a few cosmetic parts since I hit a raccoon last week.  <response>: When you selltrade a car, you usually get wholesale, or close to it. When you buy, you pay retail, or close to it. dont feel bad; youre not in the business, so this is how it really works. So if you do two transactions, you are losing a bit on both ends. Dont bother; the 06 Accord is a solid car, and should run essentially forever if you keep fresh fluids and filters in it. Just stay pat. 