Greetings fellow Prius owners, I'm debating whether to pay off or trade-in my leased 2007 Prius and was wondering if some of you might have some feedback. Current facts: 2007 Prius, base model with backup camera. 58k miles. It is leased, and the amount owed is about $8,300 after my last payment. I think buying it outright may entail closing costs of sorts, so let's say $9000 even. Blue Book on a trade-in in excellent condition is about $13,300. Private sale is $15k or so. I've upgraded with hitch and Yakima bike rack, Dice iPhone/iPod integration, better speakers/tweeters, and JL Audio low-profile subwoofer. My lease is up July 21. Which of the following options would be preferable? a) Take it in to preferred dealer and see if they will give me 13-14k trade-in for a 2012 Prius. I'd put maybe 5k down for a 25k model, thus financing 16k or so over 5 years to get my payments close to $300 a month. b) Get a loan from my bank to pay it off, sell it privately for 15-16k, and add difference after loan repayment to my own 5k to get 2012 model with 15k financed at $300 or so per month. c) Keep the 2007, finance the 9k over 3 years at $275/month, and call it a day. Or should I consider a fourth option? Thanks in advance for any recommendations.