<prompt> Human: Hi all,Im got a little conundrum on my hands that Im looking to get some advice for. I currently own a 2015 VW Golf with about 16.6k left to pay bought new in May 2015 with a 72 month finance at 3.90.My car was part of the diesel scandal and I have the option to either fix it for a 6,255 payout or sell it for 22,596 according to this calculator Its sitting at 44k miles I drive 50 miles daily commuting to work. Ive had no problems with the Golf and I love driving it.My thinking is to sell it back to VW for a net 6,000 and use that money on a down payment for a used car with fewer miles on it and a cheaper monthly payment. I see myself continuing to work for same employer and live in the same area for a couple more years at least so the new car I have to get has to be very reliable.Am I on the right track for leaning towards selling it back and using the difference as a down payment on another car, say a 201516 used car with around 20k miles on it. Or should I keep the Golf and use the 6.2k payout to decrease the total owed on it?Background details on me: 26, Male, Engineer in Chicago, 78k salary, maxing 401k and roth IRA, no other debts besides the 16.6k on the car, 6.5k liquid cash in Efund, 14.5k in non-retirement-based investments.Edit: I would preferably like to keep as much liquid cashnon-retirement based cash as possible for a down payment 3-5 years from now.  <response>: Someone is willing to give you nearly 23,000 for your 2 year old car that would otherwise be worth about 16,000? Take the money and RUN.Your plan to buy a 2015-2016 car is solid. Depends on what cars you like, but between cars like the Mazda3, various Prius models, etc. there are tons of economical, reliable cars in the same class as your Golf. Heck, if you love VW, Im seeing like 3,000-5,000 off of brand new Golf SE or SEL TSIs. This means that if you bought a 2015 with like 30,000 miles you could pay 15,000 or less for it. 