That's... Financially irresponsible. You build your cushion in non-depreciating assets. If you are approaching situation where you would desperately need cash, you prepare for in some way different from buying luxurious suvs.
There are some situations that can wipe your savings - even large ones - really quickly (e.g. cancer).
There are some situations that can wipe your savings - even large ones - really quickly (e.g. cancer).