icefisher45 wrote:
Mines almost paid off. I really don't want any more payments.
Ok lets say you can buy a CRD for $10,000(which is very feasible).
I don't know what year your KJ is, how many miles, equipment, etc, but I am going to guess that your blue book value is $4000, and further I am going to assume that you could sell it for exactly 4k.
Now lets say you do manage to find a parts vehicle, a complete donor, with everything you need, a realistic number for that is $4000.
So your going to spend $4000 CASH out of your pocket. I guess you don't want payments and you already have $4000 cash to get started on this swap.
So lets say you sell your Jeep for $4000, and buy a CRD for $10,000. That means you are left making payments on a $6000 used vehicle.
But, since you had $4000 cash to buy a wrecked CRD for parts we will apply that to your purchase price. Which means you are making payments on a $2000 used vehicle.
So look at it this way, you can spend $4000 cash, plus the time and headache to swap the engine in. And end up with a vehicle that has about $8000 of your "investment" into it.
Or you can go out today and and make payments on a $2000 vehicle.
Now I am guessing your not sitting on $4000 cash, otherwise you would have already paid off your vehicle, and this would be moot.
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