Thanks for the advice everyone. I only owe about $16k on the car. And, I still have my previous car, which I haven't sold yet. I could probably get about $23k-24k for my old car. So technically, I can sell my old car, pay off the balance on the X5, and still keep it. However, if I'm jobless for some time, it wouldn't make sense to keep $60k car....you know what I mean?