Depreciation after engine replacement

[17Magnetic5.0]

So I’ve seen a lot of issues now and I’ve always wondered what happens to a car that has had a short block or long block put in. Surely the value of the car has to go down or am I wrong? If it does who pays for that, I feel that it should be ford. I know sometimes they will offer people extended warranties or something like that but what if they already have an extended warranty.

I’m asking because if I ever have an issue with my 2017 that’s a cpo I would at least want that difference in depreciation back. For example I paid for my car through ford financing and paid for a car with no mechanical issues at the time, and I’m fine with that but if an engine replacement has occurred and depreciation affects the car then it’s not my fault, it’s ford fault and I shouldn’t have to pay for all of that depreciation caused by ford. Now to the point I made earlier maybe warranties offset depreciation for some folks but I already have a cpo car and bumper to bumper warranty to 75000 miles. I would only be happy if ford did one of three things

1. Let me use whatever payments I’ve made towards a new car
2. Reduced total loan amount to reflect depreciation
3. Gave me ford performance parts with signed documents that they would still honor all my current warranties.

Basically with all the issues I’ve seen thus far if anything were to go wrong in the future, hopefully it doesn’t, I want to know what the best course of action would be.

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[1320INC]

Value of the car will not change, only will change to a certain market group. I have a 2011 Edge Limited with 71k on it. Water pump failed and took out the engine, I just put a 17,000 mile 2017 motor in it. In my eyes that's a plus, not a minus.

 

[Edward]

It depends on when your engine gets replaced. If it gets replaced soon after it's new, it absolutely has a negative impact. Imagine looking at 2 identical cars w/ 15k miles at similar prices. You do a Carfax and see that one has had it's engine replaced. I can't imagine that's a positive thing to see. You'd wonder about abuse or even how well the job was done at the dealership. However, if it's replaced at 70k miles as referenced above, I would consider that a positive - but again, the quality of the work comes into play.

 

[stangman638]

From what I gathered from speaking to people, resale value can take a hit, it may not though, unless your car is going to be a collectible and buyer wants original numbers to match body etc etc, it may not be a big deal. Very hard to say, it will be a chance you have to take.

I too would be up in the air about it..

 

[17Magnetic5.0]

Yeah I think mostly new it would definetly have to go down. If it was me looking at a fairly new car let’s say less than 30,000 miles and I found one with a replaced engine and one with the original engine I wouldn’t even consider the one that had the engine replaced. In my opinion the one with a replaced engine could have any number of issues from the replacement. Maybe a missing bolt here or there, improperly installed parts, who knows.

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