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Discussion Starter · #1 ·
Re: How much would it cost to put in a new camry engine?

"onedough" <[email protected]> wrote in message
news:[email protected]
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.
 
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Discussion Starter · #2 ·
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:

>
> "onedough" <[email protected]> wrote in message
> news:[email protected] 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.



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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