[Plimmie]

You said you financed the car for nearly $68K and that your trade-in value is about $56K.
What have you actually paid off on that loan? Probably you’ve been paying a lot of interest and some of the principal. You’re losing more that 11K…
Additionally for the Type R you only discuss the monthly payment being lower than what you pay now. Assuming the Type R cost MSRP of 46K, you still need to pay taxes and registration etc. (I am guessing if the Type R is indeed so special, you have to pay a dealer markup, or ‘market adjustment’). All of this to say: without the entire story it is difficult to say whether or not this is financially as sound as you make it seem. I suspect you will lose much more than $11K
Do the entire maths before you make an impulse buy.