u/Routine-Ad-1706

Hello. Please I need some advice if my reasoning is valid for trading “down” my new car to a used older car to free up some cash.

I would like to trade Paid off- 2026 Toyota Camry (dealer giving me 31k for it) and trading for a 2016 Lexus ES350 (dealer selling 19k) so I would get back roughly 12k in cash and still negotiable. My Camry has 2k miles and Lexus has 85k miles (clean, 1 owner car fax, all services at Lexus)

Here is my rationale. I don’t really drive my car that much and I figured if it’s okay to get some cash out of it and invest it instead. I will also have a lower insurance and depreciation will slow down on the Lexus. Both cars are reliable and I understand my Camry has a full warranty. I have the funds to fix Lexus if anything comes up.

I don’t really need the cash, as I have an Emergency fund already and no debt at all. so should I just keep my Camry or go for the Lexus and get like 12-13k back.