What is the rate on your vehicle loan? Are you paying the car off early, or just coming to the end of the loan with regular payments?
As good as paying off a debt feels, you're leaving a lot on the table by doing so at the expense of 401K. 25% taxes (more if you're in a state with an income tax) plus 25% match. For every $100 you put in the 401K, you get $150 immediately. That's really hard to beat. You'd have to be paying a very high rate on the car to make prioritizing the debt at the expense of the 401K make mathematical sense.
The limit for a 32 year old is $18K if your plan allows it - some plans will cap you at some percentage of income that is lower than the max the law allows. So check your plan.
In your tax bracket, I'd probably go traditional assuming you don't have a ton of money ($1 million+) in traditional accounts already.
All that being said, bender is right - the goal should be to max the 401K every year, and pay off any high-interest debts and invest even more. Look at your whole budget - figure out where the money's going. Make cuts. If you get things really under control, you might be shocked at how much you can save with relatively modest lifestyle changes. If you're ready for some face-punches, try posting a case-study.
