Will new engine increase re-sale value of truck?
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Will new engine increase re-sale value of truck? - 5/20/2008 7:14:15 AM
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daveranger
Posts: 77
Score: 0 Joined: 2/14/2005 Status: offline
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I have a 92' Ford Ranger XLT with automatic transmission. It needs a new engine. It does not have a clean title history. It was rear-ended a few years ago. But it was repaired fine. It has many new parts and repair receipts too. If I put a new engine in this truck, will I be able to re-sell it at a higher value? It would cost thousands to install a new engine. Is there a market for older Ford Rangers?
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RE: Will new engine increase re-sale value of truck? - 5/21/2008 4:32:53 AM
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Use Common Sense
Posts: 472
Score: 0 Joined: 1/12/2007 Status: online
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Personal opinion would be to sell 'AS-IS". Even if you put a new/rebuilt engine in, I would be looking a the truck like this: "It's 16 years old and has everything else xxxx,xxx miles on it. I could buy it today with the new/rebuilt engine and the tranny could fall apart tomorrow."
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2004 Freestar Limited 4.2 V6 w/Water Injection & Iridium plugs 2008 Mercury Sable 3.5 V6 w/Opened Air Box AMSOIL Lubricants and Filters in everything "Have a good day, and a better one tomorrow"
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RE: Will new engine increase re-sale value of truck? - 5/21/2008 11:19:37 AM
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oldtimer35
Posts: 313
Score: 0 Joined: 11/27/2007 Status: offline
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The problem is, is there someone who would pay you the increased cost of a new engine? I doubt it. Older vehicles are just that, older. Not too many folks are looking to pay 4-5 thousand dollars for a 92. I just sold my 90 model, at 265,000 miles, for 2K. It was in very good condition, as I have all the reciepts for maintance and repair on it since it was new. I would sell it as is and let the new owner fix it.
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Too Old to Work, Too Young to Die.......GO fishin'
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