I'm currently driving a 2002 Honda CRV AT (my only vehicle) which I am still paying for thru financing (still got a few years left to pay).

I'm planning to sell the CRV and get:

1. 1993 Civic Hatchback MT
2. Toyota Avanza 1.3J MT thru financing

Pros of selling:
1. The monthly amortization of the Avanza is 40% less, great for my cash flow!
2. I don't have to worry about number-coding
3. I'll have my own toy and a brand-new vehicle to boot

Cons:
1. I'll be in debt for two more years if I max out the loan re-payment term for the Avanza
2. Some say its a downgrade in status
3. Maintenance cost for two cars will be higher and I'll be paying more in insurance.

I've thinking of pulling the trigger on this and I'd like get inputs from you guys if you think I'm making the right choice? I've asked some friends and I get differing opinions.