Well, a scrap yard says it has an engine from a car that had a fire in the rear. They will sell it for £750 inclusive of VAT and delivery but it has done 79,000 miles. Mine had done about 81,000.
As it is not a reconditioned engine, I don't think there will be any guarantees with it and it could come with or develop other problems.
I have used google to find various engine re conditioners. They seem to be selling engines for around the £1400 mark.
If I had the equipment, space, time, a second car, and a friend that was mechanical, it would be nice to try and do some DIY but sadly I don't have any of these things!
So I would have to add labour on to the cost of the engine. Then there are the extra costs of getting a new clutch and flywheel while it is all in pieces and I worry how the turbo will be having had no oil. I'm told a new turbo could be another £750-£1000
A couple of the web sites say they will take the car away, recondition the engine, and bring it back for just £200 on top of the engine price. They claim they make their money on the engine. The problem is none of these garages are local, so I don't know whom I am dealing with and how good they are and they are a long way a way if I have problems, particularly if I have no working car!
Regarding part exchange price, I had an over the phone valuation for £3,500
Stephen.