AoA Friends,
I own a City Vario, 2007, which has completed 130K on ODO. Bought it 2 years ago, with 107K on ODO. The car was mostly driven by the driver of previous owner.
Its engine has got weak now, and as per 3 different mechanics that I have got the car checked from, needs an overhaul or swap.
The problem signs are:
1. Whilte smoke out of exhaust pipe (for quite a few months now)
2. Reducing oil (between 0.5-1 litre in every 3,000 or so KMs, when I usually get the oild replaced; I have been using Petromin 10-40 mostly; used Petromin 20-50 just once)
3. Plugs (not all 8 plugs I believe) starting to have some oil on them (noted just recently i.e. about 2-3 monhts ago)
4. Engine sound includes some metallic notise, possibly b/c pison and cylinder now has gap, as per all the mechanics
5. Pick up is weak, and occassionally jerky specially when trying to accelerate right after a sudden deceleration
6. Few other
I am quite sure that the engine does need an overhaul/swap. However, I am puzzled between choosing b/w overhaul and swap.
I plan to keep the car after overhaul/swap, at least for another 2 years or so, but you never know!. My annual running is about 15K, and I am the only one using the car.
All mechanics said that swap is better, but I am concerned about resale value and buyer's septicism when they know about engine swap. As per the feedback I have got, the resale value is reduced by 50+K, and it takes more time to find a buyer.
One of the mechanics whom I trust more (Shiekh Moin at Nagan Chowrangi: He is more knowledgeable, has worked in Toyouta Indus motors here and in Saudia for a few years; did an excellent job in overhauling my Platz engine a few years back) claimed that he could overhaul to make engine as good as new.
The quoted costs (roughly) are: 30K for Swap (mechanic to buy engine), 40K for overhaul.
I have very limited knowledge about these things, and would be trusting on mechanic's words for the new engine (if I go for a swap).
I need your opinions about whether I should go for overhaul or swap.