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In Reply to: 1991 M5 motor swap, or sell posted by James Hartline on March 27, 2002 at 13:52:34:
Assuming:
1. You can buy a motor for $6k.
2. You can do your own swap via rented cherry picker and helpful friends.
It is obviously much cheaper to fix it and keep it. There is no debate. This is the route I recommend. Not only will it pay off in savings now, but it will pay off when you don't have to buy a new car that will depreciate like hell right after you buy it and not be as good as this one.
Also, what exactly is wrong with the motor? If it is the crank only or some one part, you can go in and fix just that for less than $6k. For the $6k a used motor might cost you you can go a long way in terms of machine work and parts for that engine. For example:
1. My top-end rebuild including 12 intake valves, new guides and all parts, $1200.
2. Pistons, $1000/set.
3. Crank, $1500 or less?
and so on.
Would I buy the non-running car from you for $9k? No, because I can find another M5 for about $18k and not have to hassle with making this one work. Would I fix it in your place? Absolutely!
Neil Deshpande
http://www.neilwerke.com
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Hey people, long time no hear!! I have been selling cars in the past few months, so time has been tight. I am still in debate as to what I want to do with the car, seeing that is still looking so pretty in the garage with no way to drive it. I am faced with doing one of two options:
1. Sell the car as is for around 9k to someone who can do the motor swap sooner than I, or
2. Keep the car, do the swap, and then determine what a buyer would consider paying for a car with a new motor.
I am tring to determine which would be the best route financially. I know I can sell the car for around 9k seeing that I tried before, but then I am loosing money. I also figured that if I put 6-7k motor into the car, I would be into it around 20k.....but would I be able to still sell it and get out of it what I put into it with the new motor swap. Any opinions would be helpful, otherwise she might just sit until I get that motor in there, and then I will probably want to keep it anyways since the car is so immaculate and well taken care of. Thanks people, and I will check back in a week or so......later!!
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