One of my friends who used to work with me is now working at a Toyota dealership. I went down to see him, not really thinking about getting another car, and browsed at a few cars while I shot the shit with him. I was curious what I could get for my car (1998 Ford Contour SE, 4cyl, 67k miles and in excellent condition inside and out) for a trade in, even though I'm still paying on it. He was bored since there weren't many customers, so he ran the numbers for me. Basically, I could get about $3,000 to $3,500 depending on what their mechanics thought of it. I owe about $6,000 so I'd have to eat $3,000. While we were talking, the used car manager comes up to my friend and asks how he was doing, etc, and we told him how I was checking the trade in value for my car and how I still owe money. He then tells me there's a car I might be interested in my situation could work with. The car is a 1998 Toyota Camry. This isn't the normal Camry, however, but the "luxury" edition. It's got alloy wheels, moonroof, spoiler, all power options, etc. (I believes it's called the LE version?) Apparently it was owned by an old guy, and has 91k miles. It's a Toyota however so I'm sure it can easily get at least 75,000 to 100,000 more miles on it. The price they want is $8900, which is about $3-400 below book value. I can't see the car until Saturday morning because they're prepping it and going over it to make sure there's no problems. Now, I'm not sure if this is the best practice to do, but I Blue-Booked a 1995 Contour (which will be about the same age as my car will be when I pay it off in 3 years) and it comes out to be worth about $1,200. That's a little more than 15% of what I paid for it. So either I eat the 3 grand now or later I guess, right? Now, the pros and cons: Pros: I get a better car that will be worth more when I pay it off, and also will last longer. (I know cars aren't an investment tho) My Contour will be at more than 100,000 miles when I pay it off, and the Zetec engine isn't known for it's longevity. Also, that Camry is a fucking pimp ride too. Cons: I eat $3,000 and have a slightly higher car payment (I pay $230/month now and will probably pay $245-250) and get a car with almost 100,000, granted it's a Toyota though. Another thing is that my girlfriend might want to take over the payments on my Contour completely as she's looking for another car, and since she'd only have to pay for another 3 years and doesn't drive far to work she'll be getting a pretty good deal. Her car has 150,000 miles so anything is better than that piece of dogshit she drives. If she does take it over it might make this situation much easier to decide on. However, since I haven't seen the car I don't want to make any decision until I've drove it and looked it over. Well, what do you think? Be as critical as you want, I'm trying to get feedback from alot of people, not just on OT so this will help me a bit. Also, anyone have info on the '98 Camry from personal experience or otherwise?