Here is a scenario for you. There is a strange “knocking” or pinging coming from the engine, or perhaps your check engine light is flashing, or oil pressure has just suddenly dropped. You have taken it to your mechanic and he has told you that you need to replace the engine. What do you do? Your first reaction may be “how am I going to afford to buy another car?”
Your vehicle engine is comprised of a number of moving parts that are subjected to incredible temperatures and pressures on a daily basis, which, not surprisingly after 100,000 miles or more (hopefully) can show signs of wear and tear even if properly maintained, if your vehicle is not regularly maintained or overheats excessively this timeframe can be significantly shortened.
When faced with major engine repairs you have a few options:
- 1. Trade the vehicle. Your trade-in (current vehicle) value is reduced because of the damaged engine. If trading for a used vehicle with a used engine you could be purchasing one with “unknown and potentially costly” maintenance issues. Also, new vehicles are expensive.
- 2. Patch job. Depending on the type of engine damage, you could consider fixing the specific problem. But, this is usually expensive and there are no guarantees that another engine-related failure won’t occur.
- 3. Used/Junkyard engine. You could swap your engine for a used engine from another vehicle. The downside is that you don’t know the history of the used engine. Although “used/junkyard” engines may be warranted, the labor to replace one with potential problems can escalate the engine repair bill.
- 4. Factory Remanufactured. These engines have been remanufactured/rebuilt at a factory. Many internal engine parts have been replaced with new ones. These engines have been tested and come with a warranty that usually covers installation expenses.
- 5. Custom Remanufactured. Here, your vehicle’s engine is removed and rebuilt. Like the factory version; many internal engine parts get replaced with new ones.
So the good news is that another set of car payments may not be necessary if you replace your worn out or damaged engine with a rebuilt engine. The Car Care Council describes a rebuilt engine is one that is remanufactured to prescribed standards and specifications. During the remanufacturing process many of the new components installed meet or exceed original equipment performance standards. Frequently, rebuilt engines are superior to even new car engines because better parts are used, or design changes in parts correct problems with the original engine. Rebuilt engines are dependable, reliable and are backed by the engine manufacturers warranty program. A rebuilt engine gets better gas mileage than your old one and will emit fewer pollutants. Rebuilding engines also saves energy related to processing discarded engines and cars. A remanufactured/rebuilt engine, with proper maintenance, is capable of lasting as long as a new car engine.
“how am I going to afford to buy another car?”
Your vehicle engine is comprised of a number of moving parts that are subjected to incredible temperatures and pressures on a daily basis, which, not surprisingly after 100,000 miles or more (hopefully) can show signs of wear and tear even if properly maintained, if your vehicle is not regularly maintained or overheats excessively this timeframe can be significantly shortened.
When faced with major engine repairs you have a few options:
- 1. Trade the vehicle. Your trade-in (current vehicle) value is reduced because of the damaged engine. If trading for a used vehicle with a used engine you could be purchasing one with “unknown and potentially costly” maintenance issues. Also, new vehicles are expensive.
- 2. Patch job. Depending on the type of engine damage, you could consider fixing the specific problem. But, this is usually expensive and there are no guarantees that another engine-related failure won’t occur.
- 3. Used/Junkyard engine. You could swap your engine for a used engine from another vehicle. The downside is that you don’t know the history of the used engine. Although “used/junkyard” engines may be warranted, the labor to replace one with potential problems can escalate the engine repair bill.
- 4. Factory Remanufactured. These engines have been remanufactured/rebuilt at a factory. Many internal engine parts have been replaced with new ones. These engines have been tested and come with a warranty that usually covers installation expenses.
- 5. Custom Remanufactured. Here, your vehicle’s engine is removed and rebuilt. Like the factory version; many internal engine parts get replaced with new ones.
So the good news is that another set of car payments may not be necessary if you replace your worn out or damaged engine with a rebuilt engine. The Car Care Council describes a rebuilt engine is one that is remanufactured to prescribed standards and specifications. During the remanufacturing process many of the new components installed meet or exceed original equipment performance standards. Frequently, rebuilt engines are superior to even new car engines because better parts are used, or design changes in parts correct problems with the original engine. Rebuilt engines are dependable, reliable and are backed by the engine manufacturers warranty program. A rebuilt engine gets better gas mileage than your old one and will emit fewer pollutants. Rebuilding engines also saves energy related to processing discarded engines and cars. A remanufactured/rebuilt engine, with proper maintenance, is capable of lasting as long as a new car engine.
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