Yea, to sum things up, i went and test drove the 08 today, and am waiting to hear back from the banks to see what i can do for financing. My credit score is where it needs to be, debt to income is a bit high, but everything else looks OK. Now i just have to wait and see what happens. I told the saleswoman what my HIGHEST monthly payment would be(minus 15%), so they dont try to squeeze me, and now i just have to wait to hear back.
I could get into a cheaper car, but at that point, id still need to finance, and still come out with a longer term of payments and most likely the same payment as i have now because financing on a used cheaper car with higher miles sucks.
While i realize that getting something cheaper is the "better" option, if im going to get another car to replace the caliber, i might as well get something that i will enjoy, and something that i plan on keeping for years to come, instead of buying and trading in cars every 3-4 years, which is what ive done in the past.