How does replacing an engine impact the resale value? Add? Subtract? No difference?

Asked by Aug 11, 2014 at 10:18 AM about the 2002 Ford Explorer XLT

Question type: Shopping & Pricing

I am considering buying a 2002 Ford Explorer XLT that I am told has had the engine replaced, but no details as to why, who replaced it, or what the miles on the new engine are. On test drive the vehicle performed very well and seems to be in excellent condition.  To confirm whether the price is fair, should I adjust for the new engine?  Is there a way to get details about t rebuilt engine?  The CarFax report on this vehicle makes no mention of it.

4 Answers

228,295

So how do you know the engine was replaced, if you have no other details? Is it at a dealership and was traded in? A newer engine shouldn't effect much on a 12 year old car. IMO, might be a good thing that you have a new one vs a tired worn out one. But could have seen water and hydrolocked. Have a 3rd party mechanic look it over for you prior to purchase.

2 out of 2 people think this is helpful.
23,895

Not knowing the price makes it hard to determine if its priced correctly. For me its pretty simple, It lowers the price and I would keep looking. Something has caused a complete engine failure, there are too many unknowns on this SUV. No maintenance records or engine replacment info, make it hard to tell how the rest of the SUV was taken care of. Also the new motor could already have 200k+ miles on it. Another one will pop up unless they are giving this one away.

2 out of 2 people think this is helpful.
63,065

If the carfax does not show the engine replacement it was done by a small shop, in somebody's back yard, or not at all. Reputable service facilities report to carfax these days. The salesperson may be just telling you the engine was replaced to get you to buy it. I'd keep shopping. There's a better vehicle waiting for you out there. HTH. -Jim

1 out of 1 people think this is helpful.
250

I would put a negative on price from what your question states, no info on when, where, and no receipts. I would not buy it personally unless it had a recent receipt of a genuine Ford crated engine and where it was installed. Note: family negative experience with similar.

1 out of 1 people think this is helpful.

Your Answer

Add photo

Related Questions

Explorer

Looking for a Used Explorer in your area?

CarGurus has 75,119 nationwide Explorer listings starting at $750.

ZIP:
Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Ford Explorer Questions

Ford Explorer Experts

#1 OJ
OJ
Reputation 9,650
#2 Tom Demyan
Tom Demyan
Reputation 3,880
#3 tennisshoes
tennisshoes
Reputation 2,230
View All

Related Models For Sale

Used Jeep Grand Cherokee
806 Great Deals out of 70,394 listings starting at $995
Used Ford Expedition
392 Great Deals out of 24,363 listings starting at $1,951
Used Chevrolet Tahoe
629 Great Deals out of 27,855 listings starting at $600
Used Ford F-150
2,426 Great Deals out of 211,450 listings starting at $895
Used Dodge Durango
249 Great Deals out of 22,965 listings starting at $1,500
Used Ford Escape
1,031 Great Deals out of 93,422 listings starting at $1,500
Used Toyota Highlander
370 Great Deals out of 24,784 listings starting at $2,987
Used Honda Pilot
360 Great Deals out of 20,687 listings starting at $2,199
Used Toyota 4Runner
291 Great Deals out of 20,775 listings starting at $2,700
Used Nissan Pathfinder
314 Great Deals out of 23,324 listings starting at $2,250
Used Ford Explorer Sport Trac
68 Great Deals out of 1,967 listings starting at $750
Used GMC Yukon
401 Great Deals out of 16,382 listings starting at $1,800

Used Cars For Sale

2017 Ford Explorer XLT For Sale
6 Great Deals out of 12,567 listings starting at $26,720
2016 Ford Explorer XLT For Sale
6 Great Deals out of 461 listings starting at $22,078
2015 Ford Explorer XLT For Sale
37 Great Deals out of 887 listings starting at $17,500
2014 Ford Explorer XLT For Sale
57 Great Deals out of 1,517 listings starting at $13,958
2013 Ford Explorer XLT For Sale
29 Great Deals out of 807 listings starting at $12,900