2001 Chevy Prizm replace rebuild or new car

2001 CHEVROLET PRIZM
105,000 MILES • 4 CYL • FWD • AUTOMATIC
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TYLERB234
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hi i have a 2001 Chevy prism lsi ,it have been making loud ticking noises especially in reverse and it burns a quart of oil a week or more.there's lots of black resido on the back of the vehicle from the exhaust .my family mechanic said i blew a rod and there was metal pieces in the oil and i need a rebuilt or new engine i got quoted 1500 for a rebuild and 1800 for a new one both with 6 year warranty, to me to good to be true. im just worried about getting a shady engine and mechanic and the devaluing the car. got offered 500 for the way it sits. should i sell and just get a new one and dose a rebuild or a new engine devalue the car?
Jun 21, 2010 at 1:01 PM
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MMPRINCE4000
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If rod is broken, engine would make A LOT of noise, if not sieze.

Another choice is to replace with used engine.

But if he will put a new engine in for $1800 with a 6 year warranty, take it. Just make sure warranty is written and he is not about to go out of business :) .
Oct 2, 2010 at 9:15 AM