How you go broke saving money
You’ve heard the saying, “You get what you pay for,” but I needed convincing. When I did an engine replacement on my SUV, I could choose between a reman and a used one from the salvage yard. Everything I heard about reman engines was that they were expensive, but they were the way to go. They are tested, used engines, but they have had all their broken parts replaced. They also have a seasoned engine block.
But when I saw the price difference from the salvage engine, I thought the reman was a rip-off.
Let’s say you need an engine replacement because the timing chain fails.
Reman engines don’t have any miles on them; they’re like new, and they have a warranty. Many junkyard engines have over 100,000 miles on them. So, even if you found one with under 100,000 miles, it could either work fine, or fail a week after you replaced it. And then, you’d have to buy another engine.
And that’s how you go broke saving money.