To sell or not to sell?!?!?

[Jimp]

After some online research I've noticed a bit of a gulf between Irish car prices and English ones, even when including conversion and extra charges. I know that the market is pretty bad right now but it seems that if I sell my car now and get a small loan that I could buy a second hand R32 from Northern Ireland  . I'm really tempted to do this, but I don't know if I should. The jump in insurance price would be a bit of a problem, but damn I'm tempted!
What do you guys think?

[Komenda]

A lot more car for a little more money is a no brainer for me. If you can afford to run it, go for it

[Jimp]

Here's the car I was looking at:
http://search.autotrader.ie/www/cars_advert?country=IE&modelexact=1&make=Volkswagen&model=Golf&keywords=r32&min_pr=&max_pr=&min_year=&max_year=&source=&currency=EUR&county_list=&sort=20&SUBMIT.x=0&SUBMIT.y=0&id=200849191115349
I don't mind the silver bit on the bonnet (can always respray) and at around 17k€ I could get it IF I can sell my current mk5. Failing that there are 2 or 3 others around the 20k€ mark.
Here's what mk5s my year, engine size and around my mileage (I have roughly 20k on the clock) are going for at the moment:
http://www.carzone.ie/search/results?nParam=4294911096&cacheBuster=1229462802625973#nParam=351+200476+200394+200421+200290+200300+4294911096&sortby=Make|0
Stupidly high prices I know but this is an odd country. If I could get at least 15k€ I can make up the difference in a loan.
I don't know if I should risk it though 

[illyun]

Here's the car I was looking at:
http://search.autotrader.ie/www/cars_advert?country=IE&modelexact=1&make=Volkswagen&model=Golf&keywords=r32&min_pr=&max_pr=&min_year=&max_year=&source=&currency=EUR&county_list=&sort=20&SUBMIT.x=0&SUBMIT.y=0&id=200849191115349
I don't mind the silver bit on the bonnet (can always respray) and at around 17k€ I could get it IF I can sell my current mk5. Failing that there are 2 or 3 others around the 20k€ mark.
Here's what mk5s my year, engine size and around my mileage (I have roughly 20k on the clock) are going for at the moment:
http://www.carzone.ie/search/results?nParam=4294911096&cacheBuster=1229462802625973#nParam=351+200476+200394+200421+200290+200300+4294911096&sortby=Make|0
Stupidly high prices I know but this is an odd country. If I could get at least 15k€ I can make up the difference in a loan.
I don't know if I should risk it though 

Damn well right you should get it - GO FOR IT ... the difference will be amazing and you won't regret it unless you default on the loan and they take it back from you 

[2007GTI]

dont do it, the world is still in a mess and its only going to get worse, before it gets better, and having a loan is not something I'd wanna be lumbered with right now.
enjoy what you have if I were you.

[Pirelli_P]

yeh i agree, don't do it!

Also, with the mk6 coming out and who knows what around the corner, theres no way id buy an old model. I have an urge myself to get a new mk6 but not just yet ...