|
You’re driving along, enjoying your work commute for once, when out of nowhere your engine begins to knock. As you wrestle your vehicle to the side of the road, it loses power. You call a tow truck, get a ride, and wait. Finally, near lunch time the phone rings. The timing belt in your engine broke and now you need a new engine. Congratulations, you’ve won the reverse lottery! Now do you get yourself out of this mess at the lowest possible cost? Education. This article will educate you on the options you have when engines fail, and help you get back on the road reliably at the lowest possible cost. Understanding where you sit is important when looking at your options. Vehicles with bad engines are largely worthless. For years, the standard in determining the value of a car with a bad engine has been to take that car’s wholesale price (what it would sell for at Dealers’ Auction) and multiply that number by 20%. So how do the numbers add up here? A car normally worth $8,000 with a bad engine would be worth only $1,600 unless you installed an engine in it. Thus, if the engine is the only component on the vehicle that needs replacement, then it makes sense to do so since putting an engine in it will help you to avoid losing money when selling the vehicle. Let’s look at a 2003 Toyota Camry with a 4 cylinder, 2.4L engine and decent miles. This car would sell for 7,000 to $9,000 private party. At a dealers’ auction, the car would sell for much less. We will use the $9,000 figure to be “nice.” 20% of $9,000 is $1,800. Spending $2,000-$3,000 to make an additional $7,200 ($9,000-$1,800) makes sense! In this case, the numbers add up – buying used engines make sense for car owners with bad engines. From the same standpoint, we can analyze the financial benefit of used engines when dealing with owners of vehicles with bad engines who are considering purchasing a used vehicle. Buying a replacement vehicle will almost always be much more expensive than replacing the engine in your otherwise sound car – again, used engines save money. There is one more reason to consider buying a used engine instead of a used car. Used cars can often time hide problems. Think of all the systems on a car besides the engine – brakes, struts, shocks, electrical, transmission, drive axels, and on and on. There are a plethora of potential hidden problems. Putting used engines into cars that you already own means that you’re fully aware of what is wrong with the vehicle, and that you’re making an informed decision. Buying a used engine puts you are in control of your car situation, and not at the mercy of unknown. Let me end with a disclaimer on used engines: they are not the catch all solution to car problems. If, for example, you install a used engine on a vehicle that has an electrical problem causing the engine to not function correctly, you will not fix that problem. Good diagnostics are essential whether you’re dealing with used engines, remanufactured engines, or brand new engines. Make sure that the person working on your vehicle is a qualified mechanic, and not just a part swapper. About Us:- There are several ways to pickle used engines, the most common being to pull the spark plugs and put a moisture displacing lubricant inside of it, turn the engine, and then put the spark plugs back in.
Related Articles -
used, engines,
|
