I have a 1989 Mercury Cougar LS with 140k on the clock and I'm debating wether or not I should have the engine rebuilt by 150k or 160k. The car runs fine, no smoking, funny smells or odd noises from under the hood and the rest of the car, including the paint is pretty close to perfect.
I am interested to find out how much other Thunderbird./Cougar owners have paid to have their vehicles engines rebuilt and how many miles they had on the odometer when the engine was rebuilt.
I know that the blue book on the car is around $2k and I'm guessing that the cost of rebuilding the engine is around the same amount of money but since I really love my Cougar and I don't want car payments a rebuild is the answer for me.
Am I worrying over nothing or should I start finding a reputable shop to do the rebuild?
Thanks in advance for any advice.