As others have stated, be safe. Selling the car would indeed be the best idea for you as two years of payments and lowered value do you no good. A couple years back I purchased a motorcycle (a really nice used one too) from someone and right before I made an offer (typical negotiation) I asked why he was selling. He was in the Navy and being shipped out so I paid him full asking price. It surprised him a little and I expained why. He appreciated that and we still email once in a while. Luckily, he's doing well.
It wouldn't hurt to let people know that if you do sell the car.
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