Hey guys, I haven't posted here in a long time but I'm posting now with some unfortunate news. I drove through some water during a heavy storm and my Dinan CAI took some water into the engine....
the water wasn't even that deep, maybe 6 inches.
So the car is now at the shop and the insurance company has taken a look. The following are my options:
1. The insurance company has found a used motor with 51,000 miles and will pay to have the engine installed, roughly $23,000, no money out of pocket ($100 deductible). The engine would be coming from a company called LKQ corp which stores all sorts of parts in warehouses so I would hope the engine is in great shape, out the elements. My car has about 66,000 on it so this would benefit me.
2. I can have a new engine put in but I would have to pay the difference of about $8,000.
The question to the board is, which option would you choose and why keeping in mind I would pay for the new engine but is there a chance that something else could be wrong?? The insurance company says I'm about $5000 from an unrepairable car. And what does this do to the overall value of the car?? Anyone know??