Hey Stashontheinside - great avatar, by the way.
I agree with the other wisdom already espoused above.
The big questions I would have asked are, how much do you drive, how wealthy are you already, and who do you transport?
A 2009 car that costs $11,000 is pretty high up on my own idea of the luxury scale. Definitely not ridiculous, but still more than the one I choose to run. With only 50k miles, you've got a hefty 150k miles of remaining "inventory" saved up in that car, and it's a pretty sweet ride.
If you are forced to drive a lot for work, or have a family you're carting around by road quite a bit, that would tilt the decision more towards owning a nicer car.
On the other hand, if you're still far from financial independence, and especially if you still have a mortgage or even more serious debts, it might make sense to drive a less sweet ride for a while. If you have no kids, that's even more reason to have an older and cheaper car.
I'm just mentioning this to help lower the bar of car expectations. Even with no money limitations and a 3-person family that likes roadtrips, I'm still feeling pretty fancy in my 2005 Scion worth somewhere under $7500. Do you have a different lifestyle that demands a fancier car than I can justify, or can I talk you down a few notches? :-)