doubt if Porsche will do anything,,myself id be looking for a used engine

 

I would seriously consider this option. Make an offer to see if you can buy it for less. Have it installed and then try to sell the car to cut your losses. Best of luck.

 

See update posts.

 

Not apples to apples, but I did a cheap fix on a spun bearing on a VW Scirocco. Replaced just that one bearing, ran some emery paper around the crankshaft and drove it for many more years. Dale

 

FWIW, DC Automotive offered me 3K for my dead-engine 2000 Boxster S. They are a Porsche salvage company in NC. That includes pickup. Then another Porsche guy offered me $3,300 for it so I did sell it to him. He turned the car into a track rat.

He found a used engine (2000 S) for $??? and got the car going fine. At this point, there was no reason to turn the car into a track car as I had kept the car immaculately fresh. But, he wanted a track car and the car and new/old engine is doing very fine.

I almost....almost had Jake Raby rebuild my blown 2000S engine. For about $23K, about the same for a new Porsche crated engine, he would upgrade all the failure modes and give me a bunch more horse power. I didn't do it... the biggest reason is he needed the car for about 6 months. He was that backed up with blown engine repairs. I know folks say this is all fear mongering, but if you dig down and talk to people like Jake or the scavengers at DC Automotive... well you have a different perspective.

I hope this helps...

Peace
Bruce in Philly

 

Man, I hope you don't opt for this. That would suck if you knowingly passed your problem onto a future innocent Porsche owner. Please don't do it, especially after taking this to a public forum.

I'm sure there is someone that would buy the car from you at a discount if you advertise it here and in the Rennlist and Pelican forums. Even though you would take a financial hit, it would be the right thing to do.

 

See update posts.

 

Try to refinance or get a loan and replace with a good used engine. If it's done right, you should be able to sell it and recover most of your money.

 

See update posts.

 

Saw an advertisement in Excellence magazine - May '14 issue - for rebuilt
long block engines from Vertex Auto.

No affiliation. Here's their website:

http://www.vertexauto.com/

 

UPDATE: So I have tossed a lot of ideas out here, some of them good…some of them terrible. So it appears as though my best option is to replace the motor with a swap.

The BIG question…What would you pay for a car with a swapped clean motor? As it stands KBB says trade in on my car with 82k on the clock to a dealer would be $31k. Now I find it hard to believe so I would think more like $25k. Private party says $34k, so more like $29k.

But does that change if the motor is basically new and clean? Could I expect to sell it private party for $35???

It would be amazing to get out of this with some money in my pocket. As it stands, if none of this had happened, I would have had about $15k profit with a sale. Now, I am looking at zero profit. But that is better than 15k in the hole!

 

You should get more money if you have a new rebuilt engine. Good luck!

 

yup I would have the car towed to the Dealer.

and if it was purchased from Dealer and Serviced there as well, they should be able to help you.

and if that does not work, threaten law suit.

I mean think about it. 100K plus car fails at 88k? that's if it was maintained properly.

Contact Porsche Corporate and take it from there

 

Oh man you have me terrified I just hit 70k and it's my DD. Owe quite a bit more too!

 

did you buy from the dealer and how long ago did warranty/extended warranty run out?