This is a great question — one we hear dozens of times each month.
When you’re staring at a repair bill that could run to several thousand dollars, you want to know that it’s a good investment.
The one thing we stress more than anything else is this:
Don’t focus on the value of your vehicle!
Unless you just want a new and potentially higher car payment, what matters is the cost of repairing your vehicle vs. the cost of replacing it with a vehicle that’s comparable.
Here’s What We Mean
John has a Ford F-Series pickup with a V8 engine and 130,000 miles. It’s got a Kelly Blue Book of $2,000, but it’s going to cost John $2,500 to have a replacement engine installed.
Should John repair it or replace it?
At first glance it seems like a no-brainer. John’s truck isn’t worth $2,500, so why spend that much on it?
The reality is that the $2,000 value assumes the engine is good. It isn’t, so John’s pickup is actually worth a fraction of that value.
The Smart Move
You’d be surprised how many of our customers buy engines for used vehicles they purchased within the last year.
Can John find a replacement vehicle that’s in better shape, with lower miles and a new engine, for less than $2,500? Probably not.
The smart move is investing that $2,500 in the vehicle he has, not risking the money on a potentially problematic used vehicle or purchasing a vehicle new. This isn’t even taking into account the fact that John has maintained his truck for years, knows it inside and out, and has recently purchased a nice new set of tires.
These are all very good reasons to keep what he has, not replace it with something he doesn’t know.
Don’t get stuck in this situation
Gearhead remanufactured engines come with a nationwide, fully-transferable, 3-year, unlimited mile warranty. Our no-fault protection add-ons guarantee your investment more additional value.
And we offer an valued Premium Engine Install Kit to ensure all of the parts connecting with your engine are new and warrantied for 12 months. After all, you’re about to install a new, precision-machined Gearhead Engine. The best thing you can do is make sure your engine’s supporting parts are fresh and ready-to-go.