I want some opinion on this, so throw it at me.
I have a 2002 Toyota Tacoma with 36,000 miles on it. I can sell it right now for $19,500, it has 4 wheel drive, xtra cab, leather, 3 inch lift. rear differential, all the good stuff. V6, etc.
I can get a 2007 Nissan Xterra with 20,000 miles on it for $20,900. It has a 4.0 liter v6 engine. It is the SE package so it has every upgrade imaginable, but with no differential lock. If I do this now I can pay off my loan on the Toyota.
Also you should know that I only paid 15,000 for the Tacoma.
Also, I owe 12,000 on the Tacoma. I can pay off that loan, use the 7,500 to put down on the Xterra. Take a 13,500 loan with a lower interest rate than I am currently paying.
Tacoma is sick, but I hate having no passenger room. Another thing to point is out that if I keep the Taco for 4 more years, it will be worth 12,000. The Xterra in 4 years will probably be worth 16,000. I don't know what to do. what would you do?