Quote:
Originally Posted by Dbjunk
Thats exactly where I stand. Rock and a hard place.
As it stands, "running" but not safely driving I could get a little over 4k for it without a problem. More than enough to cover whats left on my current loan and leave me with a nice chunk for a down payment. The repairs could and probably will easily go over 10k. I've been quoted 2500 for a teardown to asses the full extent of the damage and more than likely another 8-9 in parts and labor afterwards. Add that to its current value and its nowhere near its value if it were repaired. After thinking it over a bit for the last few days, my best option is to cut my loses sell it for its current value and move on.
Problem is I love my 86. and these kinds of decisions are tough 
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That seems high. You can buy a used engine for about the cost they are quoting you to do a diagnosis. One quick search and I found a handful for between $2,500 and $3,500 depending on mileage.
Couldn't find a price for the full new engine, but I did find a new short block listed for about
$1,800.