3 years left on large car payment at 85,000 miles
I purchased a 2015 Honda Civic 3 years ago on a 6 year loan at 1.9%. I still owe ~$15,000 paying ~$440/mo. I have a long commute to work so I’ve put 85,000 miles on it in 3 years. I have 3 years left on this loan. Since my warranty is about to come up, I’m worried about not only having a car payment, but being upside down on this vehicle. KBB says I should be able to get ~$12,000 in a Private Party sale and only ~$9,000 Trade-in.
I have ~$8,000 in my emergency fund. It is my emergency fund so I don’t really want to touch this right now. Should I consider paying the difference so I’m not upside down when I hit that 100,000 mile mark? Should I stop worrying? A friend recommended trying to sell the car so I could get into something I wouldn’t owe anything on. You all are smarter than me with most of this so any advice wouldl be greatly appreciated!!!
Edit 1: added car payment.
UPDATE: Consensus is that I should hang on to the car, take care of it, and it should last me forever. I’ll do just this. I needed this! I don’t know what I was thinking. Thank you all!