Lexus RX300 new engine?
I should add that I have never had another engine installed into a vehicle before and don't know what to expect. So my thoughts are leaning towards buying a different vehicle and getting rid of this one. The only reason I am considering a new engine it is because I thought it would save money and to scrap this car is certainly a waste of a good vehicle, but as high as it costs, maybe just replacing the vehicle is better. Any thoughts?
Last edited by NYJim; Dec 1, 2017 at 11:49 AM.
Prior to this engine failure, there were no known issues. I put over 50,000 miles on this vehicle in the past two years and there was never a problem in any weather condition, even deep snow.
A junkyard offered me $275 for the car right now, as is. The car has 140,000 original miles and overall is in very good condition. I am leaning toward junking it because of the cost and the cost of future repairs. Any advice would be appreciated.
Last edited by NYJim; Jan 13, 2018 at 11:49 AM.
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I am going to make somme guesses, but you can alter the numbers to make it more apt.
Additional investment 4500 (parts + labor). Street value after repairs jumps from 250 to 3500 [4500 + 250 -3500 = 1250]
Assuming now you have a vehicle that you can drive around say for another 1 year. Assuming the worst case after one year the value of the car is 225 (turn it in to a junk yard) --> 1250-225 = 1025 ... lets round it off to say 1000 spent on the vehicle. Realistically the value at the end would be around 1500. So there is a good possibility that you will not be in the hole.
Granted if another major repair becomes necessary you may loose money and it would be better to cut your losses right now.
Now what is the alternative you have?
Salim
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If you put $4500 into the the car now, you will have a car that's worth about $1000 in trade or $2000 to a private party. And a car that will likely require more repairs/maintenance if you keep it.
Junk it and move on.








