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Re: How much would it cost to put in a new camry engine?
On Sun, 31 Dec 2006 07:10:41 -0600, Reasoned Insanity wrote:
[color=blue]
>
> "onedough" <one.dough@hotmail.com> wrote in message
> news:1167495558.188060.284530@h40g2000cwb.googlegroups.com... The car is
> in good shape. But if it's gonna cost that much to have a new engine
> installed then it's not worth it.
>
>
> For me, it would be worth it to pay $1500 for a new engine installed that
> will last me easily 300K/mi rather than buy a new/used car. My car is only
> worth $3000 but I look at the mileage that I'm going to get out of it when
> it gets to that point.[/color]
That's what you have to weigh. What would it cost to BUY this car in the
condition it will be after the repair. If it's worth keeping it, then do
it.
I cut my losses on the Celica. The fuel system sprung leaks, one of the
struts broke and dropped a spring on the tire and the exhaust system all
broke...after I put the engine in!
There is a concept in Accounting: Sunk Cost. Never mind what you have in
the car now. The car's current 'cost' is Zero. If it costs $1500 to fix
it, weigh which is better...rapairing what you have, or spending $1500 for
something else.
If I did it again, I'd be crawling all over the car taking a GOOD LOOK at
other things before installing an engine. I knew the brakes were good, and
the steering was good, and the body was good...shoot, I should have kept
it! (Actually, I lie...the crossmember under the radiator was rusting
right through. Since this constitutes the 'frame', I gave up. Otherwise, I
would have put on new struts and I had already ordered the exhaust...)
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