Update: The car is back! The dealer put a brand new 2.5l engine in the car on Monday and also performed a transmission fluid flush. Total cost with my employee discount was $5375.
I considered all of the options presented above and decided on my course of action based on the following:
Edit: grammar
I considered all of the options presented above and decided on my course of action based on the following:
- This car has been paid off for about a year now.
- I've not had a single thing go wrong with it until this issue.
- I know the history of the vehicle - I've owned it since 9k miles (bought as a CPO).
- With the new engine I will have a warranty of at least 12 mo/12k miles, and the service manager says he can probably stretch that if I have all of my future service (oil changes, etc...) done at the dealer - preferably his shop.
- Scrapping the car would have netted me maybe $2K (I don't have the time or means of parting it out). Adding the $5400 cost onto that gives me about $7400 for another car. I haven't seen anything for under $10k that's as nice as my car now that it's repaired. Once again, I know the history of my car!
Edit: grammar