Trade or Replace?

About Us
Trade or Replace?
Why a Reman Engine?
Japanese Engines
Common Questions
Engine Maintenance
Information Request
Locations

Dr Motorworx is 
Hampton Roads leading remanufactured engine installation center. 

Visit our convenient
 location at
2600 Build America Dr
in Hampton, VA ... or

  CALL US FOR
AN ESTIMATE
TODAY!
(757) 838-8723
Should You Trade Your Engine or Buy a New Car? 

Engine replacement is more affordable than many people realize and saves thousands of dollars compared to buying a new car.  However, it only makes good economic sense to replace your engine IF the rest of your car is in good economic condition and will have a market value close to blue book after installation. If you are unsure whether to invest in an engine or buy a new car, list out the pros and cons, just as we did below, and ask yourself: Does it make economic sense to buy a new car or is it smarter to install a remanufactured engine?

trade your engine

or

 replace your car
Make it a point to know the facts The cost of a remanufactured engine is  approximately 10-20% of a typical new car cost. Additional savings in annual personal property taxes can also be significant compared to a new car. Why buy a new car when your current car is exactly what you want and need? Make it a point to know the facts The cost of a new car averages around  $20,000.  In addition to your trade-in, you'll have to make monthly payments for 3-5 years. If you lease a new car, you won't build up equity. With a $300/36 month lease, you'll have nothing to show for your money after 3 years except $10,000 worth of receipts.
Make it a point to know the facts Sales tax on a remanufactured engine is usually less than $200. Make it a point to know the facts Sales tax on a new or leased car can run from $1,000-$5,000 depending on the final cost of your new car.
Make it a point to know the facts Financing can usually be arranged with low monthly payments.  With all the money you save, you can continue to save for a new car. Make it a point to know the facts Finance charges for a new car are expensive. At 8%, you will pay at least $2,300 over 3 years.
Make it a point to know the facts No insurance increases will occur. Make it a point to know the facts Insurance costs will increase.
With its new engine your car will be worth more as a future trade-in or to sell or pass on to family or friends. Your new engine should perform "like new" for tens of thousands of miles. You'll have a shiny new car that you may come to love or hate, but it will depreciate and lose about 25% of its value the minute you drive it out of the showroom.
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Use this calculator to find out just how much that new car is going to cost you each month. 
Enter the number of payments, the interest rate, and amount of the loan value in the boxes below, 
then press "Compute Monthly Payment" to find out how much your payments would be.

# of
Payments

Interest
Rate

Loan Amt

  

Monthly
Payment
 
A remanufactured engine makes more sense than ever!

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