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$3k left on the financing loan, car worth ~$7k, any advice? Trash it, save it, other? Not quite sure which way to go. I’ve never heard of anyone saving a seized engine, is that possible? Or just accept it and move on? Any advice is greatly appreciated.
Note: The car is an ‘05 Toyota Scion engine- tC,
The above is a question.
Answer:
Japan has strict vehicle laws that result in engines with 40-60k miles on them have to be replaced. The engines are then certified and shipped out of japan, many to the US. Called JDM or Japanese domestic market engines. Due to this, engine replacement is usually cheaper than engine repair. Though you should get an estimate on your current engine. That it has seized is pretty general statement and can mean a wide variety of conditions. For instance, if you don’t know cars well and you are attempting to turn over the engine and it fails, it could be the starter alone, a truly seized engine will result in the inability to turn the piston positions. A mechanic can check for that. At the same time, you should have the transmission checked and overall health of the car determined. All are factors in going forward with any repairs.
A general rule is never spend more than 1/2 the resale value. So make sure your 7k valuation is correct based on all other factors first and if you can get the engine repaired or replaced for under 3.5k it is most likely worth it, especially if you plan to then keep driving it for a few more years.
If repair and replacement prices turn out to be equal, a JDM engine is the best choice. At least the whole engine has the same low miles on it, no old parts left as in a repair. In the US we consider these very low mileage engines. GotEngines.com specializes in locating and sell the best JDM engines in the country at the lowest prices, guaranteed. Call 1-877-268-0664 for more information on what engine suits you the best.
