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re: New cars, once part of the American dream, now out of reach for many

Posted on 5/8/23 at 6:52 pm to
Posted by Kracka
Lafayette, Louisiana
Member since Aug 2004
40859 posts
Posted on 5/8/23 at 6:52 pm to
I have a 2008 Silverado that has almost 200k miles on it. I am waiting for something major to go out. I would love to get a new truck, but no way I am paying the kinds of prices that are out there right now. I am in a place where I'd almost rather put a new engine/transmission in it than buy a new one. Not sure if that is cost effective.
Posted by Ricardo
Member since Sep 2016
4923 posts
Posted on 5/9/23 at 5:28 am to
quote:

I am in a place where I'd almost rather put a new engine/transmission in it than buy a new one. Not sure if that is cost effective.


The problem is finding a mechanic that will do it in a reasonable amount of time. If you have a backup vehicle it's doable.

I'd guess it would cost about $8-10k for an engine and transmission swap.

With prices on vehicles being absurd nowadays. You'd probably be better off shelling out $10k on an old one. Especially, if you've taken reasonable care of it.
Posted by El Tigre Grande
Bayou Self
Member since Jan 2006
2272 posts
Posted on 5/9/23 at 9:05 am to
quote:

I'd almost rather put a new engine/transmission in it than buy a new one. Not sure if that is cost effective.

Did this to my son's 06'king ranch
It had 270K miles on it
For $7K I put a reman 5.4, a set of tires and some front end work on it.
That thing runs like a sewing machine...
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