I got a 2002 Ford Escort a little over a year ago, bought it with 84k miles, now has 111k miles.
Engine failed last Wednesday on the way to work. Engine is 2.0 SOHC VIN "P", known for dropping valve seat most common in cylinder #4.
Engine has no compression in cylinder #4, piston not moving with crank (broken rod?), hole in piston, bent valve....
I'm deciding between finding a different work car or spending almost $4000 for a Jasper engine with 3 year 100K mile warranty on Parts AND Labor, meaning I'd be set as far as engine for at least 3 years.
If I get a different vehicle for $4k, I have to have change it on my insurance plus tax, title, and licensing fees. And the used car (most likely) wouldn't have a 3 year 100K mile parts and labor engine warranty.
On the other hand, the Ford Escort probably isn't worth $4k but I'm fixing to sell, I'd be fixing for a reliable, economical (getting ~35mpg) work car for as long as it lasts.
What's your opinion, should I spend $4k on engine + labor + warranty or buy a different car, problem is that a different car could have engine problems in less than the 3 years of the new engine warranty.
RogerN