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Re: new engine?
guess thats up to you to decide, is the body in good shape? has it ever been wrecked? is the interior in good shape? Is the car paid off? how bad do you want a new car?
I bought one missing a head, gave $400 for the car, put about $2000 and alot of work into the car, that includes new tires, new brakes, complete rebuild on the motor. I don't need to have a new car, as long as I can get the car reliable I don't care if theres a paint chip here or there. So I have about $2400 into the car, thats about 6 car payments on a new car in the same class as the grand am. Guess where the other 4.5 yrs of car payments goes, my pocket, insurance, gas, & maintence.
In the end its your decision, do you like the car, can you afford to put the money into it, will you be happy driving it if you fix it. There's no guarentee that the trans will not go out in 6 months, or that other minor things will not go wrong with it, but without a car payment you can afford to fix those other things.
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