Engine Meltdown 2011 Limited

[BDOG]

Hey guys,

 

I was wondering if anybody here can give me some advice. I have a 2011 Ford Edge limited with approximately 130,000 km on it. Last week I noticed some coolant leakage on the road and brought my car in to the dealer. They thought it was the water pump and it would cost $2100 to repair. After taking it apart they are telling me that it was perhaps a faulty plug somewhere and that coolant has mixed with the oil and I now need a new engine that will cost $5000.

 

I am currently in the market for a new car anyway so I'm wondering what my options are? The only ones I can see are these:

 

1. Get it fixed and try to sell privately

2. Sell to a scarp yard

 

Are there any other alternatives?

 

Thanks in advance,

Brian.

[akirby]

For #1 I would go with a good used engine.   That will net you the most cash.   Used in good condition is around $10K minus the used engine cost.  Scrap would probably be $1K-$2K at most.

[PaulSchott]

I'm not sure about the financials,  Most likely the water pump seal failed which is an internal engine part that will allow coolant to dump in the oil. I'm assuming that you have the 3.5 v6.  Check the oil and see if it is milky looking.  Mine failed and I caught it before the oil got contaminated.  If the oil looks good and the engine doesn't sound bad just have the pump replaced and do an oil change.  I had it done at my very honest mechanic for $1700.  Lots of hours labor and some parts.

Don't take the dealers word for the coolant in the oil unless you see it with your own eyes.  If it looks like chocolate milk don't drink it.