said by cdru:It's not a question of whether or not it can be rebuilt. It's a matter of if it's economically viable to rebuild it. Properly rebuilding the engine and transmission alone is going to be more than the vehicle is worth. That doesn't account for all the other electrical items that are going to need to be replaced, the new interior, or all the other gremlins that are going to show up.
Sorry but there is a misunderstanding.
I am not talking about the owner rebuild it wouldn't be worth it. A salvage yard or the person (whichever bought it) can make money from it. They sell the engine core to engine remanufactures like Jasper. Sell the other parts on Craigslist or such, if the salvage yard has it they sell all the usable parts outright. So there is money in flooded vehicles in the parts business. $250 paid for car could be easily recovered by the buyer.
said by telco_mtl:exactly, its a 3.8 v6, great engine but a dime a dozen, i had a spotless 97 grand prix and when the head gasket went south it was cheaper for me to pick up an 02 grand prix than fix it.
Yes, but there are those that want a warranty on a rebuilt engine and not a used one. So they are willing to pay the price for it. If they didn't those reman engine shops wouldn't be in business very long.