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Should I buy a 2008 GMC Yukon with blown flex fuel engine
Hi All,
Just looking for some advice. I know the owner of this fully loaded Yukon. It has the bad engine and would need a new/used engine installed. My question is should I do this. I've read that you can plug in $200 chip that will keep the engine in V8 mode and will disable the AFM. I don't do much driving so having a big ride would be nice for the little driving I do. I'm told a used engine installed would be about 3-4k parts labor. I can probabaly get the Yukon for about $1500. Thoughts? Advice? Thanks!!!
Just looking for some advice. I know the owner of this fully loaded Yukon. It has the bad engine and would need a new/used engine installed. My question is should I do this. I've read that you can plug in $200 chip that will keep the engine in V8 mode and will disable the AFM. I don't do much driving so having a big ride would be nice for the little driving I do. I'm told a used engine installed would be about 3-4k parts labor. I can probabaly get the Yukon for about $1500. Thoughts? Advice? Thanks!!!
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Comments
If you buy a used engine, it's probably going to have about 90K miles on it and cost around $2,000.
Yes, you can buy a device that works through your truck's diagnostic port to disable AFM.
Might not be a bad idea, presuming you don't run into snags. But if it's a high miles truck, I don't think I'd do it.
You can appraise it here - the values of a clean one with ~80,000 miles is around $15,000 to $20,000 dealer retail, $12,000 or so trade-in value. More miles would mean a lower value.
Let's assume that it costs your $2,000 to buy it and pay the taxes and fees. Then let's assume your engine swap quote is off by half and it really costs $8,000 to get it running.
So you're at $10,000 for an 8 year old truck that should be worth $12,000 if the miles aren't too high.
If you could get into it for $7,000 with all the repairs, then you'd likely be set with a nice, fully loaded pickup.
Lots of ifs, ands and buts in that scenario.
How's the rest of the truck---- tires, brakes, front end suspension. Remember a $1500 truck that needs tires is a $2500 truck, and a $1500 that needs tires and brakes is a $3250 truck, and...blah blah....