2003 V40 with Broken Timing Belt

LJ69 · Post by **LJ69** » 26 Jul 2011, 13:48

I understand that a broken timing belt is bad, very bad and will cost me a lot of money to get fixed. Assuming that the damage is catastrophic, what is the typical price to get the engine repaired?

My mechanic (non Volvo guy) is giving me a low estimate of $2100 and a Catastrophic price of $4400, including 3 week turnaround. Do I have other options? Is a "new" engine a cheaper option? I am considering selling it for scrap/parts. What might it sell for as scrap/parts?

Thank you for your patience with my newb Qs.

Mark27 · Post by **Mark27** » 26 Jul 2011, 14:09

Sorry to hear of your timing belt LJ69. I would look into a rebuilt engine replacement but not until I found out the current value (blue book) of the vehicle. If the current value is below the cheapest repair or replacing the damaged engine with a used/rebuilt one, then it's a no brainer-scrap it.

Post by **jimmy57** » 26 Jul 2011, 17:02

I sent you a PM.

LJ69 · Post by **LJ69** » 26 Jul 2011, 20:30

Thanks Mark27. Thanks jimmy57. I really don't know the extent of the damage. Assuming that I was able to find a replacement engine, how much would it cost to get the engine installed?

oldacura · Post by **oldacura** » 27 Jul 2011, 07:37

How many miles?

LJ69 · Post by **LJ69** » 27 Jul 2011, 14:36

146,000. Fully Loaded, Leather, Sun Roof, Black.

Mark27 · Post by **Mark27** » 28 Jul 2011, 13:17

I wouldn't pay no more then 1500 for a engine install.