Question
Borrowed my friend's 1992 Jetta, heater core cracked, anti freeze in floor...put water in kept driving engine is bound up...ahhhh!
My question: Does an engine rebuild greatly reduce the resale value of the car? I would think that since the engine already has 130,000miles on it.
My friend is saying i should pay the approx resale value before the engine bound up. I think I should pay for a rebuild...anyhelp???
AnswerHi Jackson,
Depending on the condition of your car, a rebuilt/new engine will not reduce the sale price of your car. Particularly, if you buy it from a reputable firm.
The cost is around $3,100, and you will get about $800 back for sending them your old motor.
Otherwise, the car is probably only worth it's salvage value, give or take $200.00
Here is a link to a reputable place for a Jetta motor:
https://www.gex.com/mainframe.htm
If you mention that you received this link from me on this site, they may offer you a discount.
Best of luck, hope this helps you.
Ron