Honestly, is it worth putting the money back into this car?

[BayAreaSHO]

As some of you may know, the engine is toast on my 2011 SHO with only 93k on it at the time of the rod deciding to take a flight. I purchased this car back in May with 78k miles on it for 14k out the door, and I am just really discouraged at this point. I am 19 years old working my ass off selling cars at Cadillac, and going to school fulltime. That adds up to about a 120 hour work week every week.
Money wise: I have a buddy who has a full engine assembly, turbos and all that will drop right into the car for $3500, labor to get that installed would probably run about the same I am assuming. I want to do it myself but time just doesnt permit, there is no way. $7,000 to just get the car back up and running, and i still have to worry about the trans going. Is it even worth it to keep it anymore? Trans would probably be like $3000 to have rebuilt I am assuming. For $10,000 Id rather just buy a cheap C6 vette and procharge it.
Any input/thoughts would be appreciated. I love this car, but im not sure I can keep it

 

[bpd1151]

Thus the conundrum of owning a SHO.

Even the older GEN owners will attest to that.

Personal choice on how to proceed. Plain and simple.

GL whichever route you travel down.

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[krewat]

But then you have a Chevy

Sorry, couldn't resist. No, it doesn't make sense for you. Depends on how much you like the car.

 

[Majestic]

Never drive your modded/hot car as a daily driver. Get a Camry and then go wild on your SHO.

 

[BayAreaSHO]

Never drive your modded/hot car as a daily driver. Get a Camry and then go wild on your SHO.

I have a slammed 1990 Lexus LS400 as my daily driver.

 

[BayAreaSHO]

But then you have a Chevy

Sorry, couldn't resist. No, it doesn't make sense for you. Depends on how much you like the car.

I love the car, but just for the money.... I love getting at people in the SHO, picking on Evos, and challengers, chargers mustangs and things like that. Butttt..... a procharged vette or mustang im on a whole new level

 

[luigisho]

Thus the conundrum of owning a SHO.

Even the older GEN owners will attest to that.
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Exactly. Except most of our older cars don't have a financing note still hanging over our heads. That would make it more complicated.

 

[BayAreaSHO]

Exactly. Except most of our older cars don't have a financing note still hanging over our heads. That would make it more complicated.

I financed mine, but I already paid it off lol, the banks must hate me!

 

[luigisho]

Nah. They saw you financed a SHO and knew you'd be back for another loan soon.

 

[BayAreaSHO]

Nah. They saw you financed a SHO and knew you'd be back for another loan soon.

I think I am going to lick my wounds up, and save. Get my next car cash after I get a house

 

[SaveMelMac]

If you have a daily take your time to do the work yourself and save some money or just dump it now and cut your losses. Either way when you sell you’re going to take a loss running or not.

 

[Johnbigdog]

I love the car, but just for the money.... I love getting at people in the SHO, picking on Evos, and challengers, chargers mustangs and things like that. Butttt..... a procharged vette or mustang im on a whole new level

You can almost do the same thing to an 5.0L f150 that you can do to a 5.0L mustang with forced induction. Who would think an f150 would be kinda like a sho in sleepiness, but easier to get into than a mustang. And you can still have 4 doors if you want.

 

[luigisho]

You looking at fixing it? I'm seeing 2500 +- for used ones on ebay. Not sure what all the extras will run.

 

[BayAreaSHO]

You looking at fixing it? I'm seeing 2500 +- for used ones on ebay. Not sure what all the extras will run.

Most likely going to part it out sell the shell and cut my losses, get another GSXR 1000


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[BayAreaSHO]

I’m getting offers around $3500-$4000 for the shell think I might just cash out on it


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[Jeff2017]

I would think 8 hours would be enough time for a R&R. That is the labor charged for a timing chain+water pump install which requires an engine drop. Where do you get the $3500 labor cost?

 

[BayAreaSHO]

I would think 8 hours would be enough time for a R&R. That is the labor charged for a timing chain+water pump install which requires an engine drop. Where do you get the $3500 labor cost?

My mechanic said it would be 24 hours in labor


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[FiveLeeter918]

My mechanic said it would be 24 hours in labor


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24 hours of labor is insane for an engine swap unless he's rebuilding the motor prior. Disconnect the harness, drop the cradle, swap the engine and put it back.

 

[Konrad]

I also question this mechanic needing 24 hours of labor to swap an engine? Unless of course, this guy does not have the necessary tools to do the swap job properly and efficiently in the first place. You may want to get some input from other mechanics!

 

[SM105K]

When mechs quote ridiculous time quotes, most of the time they dont want to do the job.