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Thank you for the adviceShop owner here, if you are going to have a shop do it, I would recommend maybe contacting a few shops for quotes instead of asking an internet forum of primarily DIY'ers what they think it should cost. You are going to get two sets of dramatically different answers.
My shop is wrapping up a short block replacement in a customer's 80 right now using a new OEM short block (which is far less cost then having yours rebuilt), along with a cyl. head rebuild. I think his total bill minus non-engine related parts (it is also getting a brake booster, radiator, fan shroud, engine wiring harness, and complete new exhaust at the same time. techincally these are not parts that "need" to be replaced for an engine replacment) is something like $15-17K.
@cruisermatt if you can get a short block for $3200 like when they are doing the big sales in the south or you have a massive discount because you have a shop, then I agree the short block is a better bet. But if you are paying dealer prices most short blocks are $4k-$4500 (MSRP $4900) and that is not even close to what you can rebuild for. Most people can have a block rebuilt with Toyota parts for under $3k that’s with the machine shop assembling. Wanted to just throw that out there because most DIY guys would consider a $1k+ difference to be substantial.Shop owner here, if you are going to have a shop do it, I would recommend maybe contacting a few shops for quotes instead of asking an internet forum of primarily DIY'ers what they think it should cost. You are going to get two sets of dramatically different answers.
My shop is wrapping up a short block replacement in a customer's 80 right now using a new OEM short block (which is far less cost then having yours rebuilt), along with a cyl. head rebuild. I think his total bill minus non-engine related parts (it is also getting a brake booster, radiator, fan shroud, engine wiring harness, and complete new exhaust at the same time. techincally these are not parts that "need" to be replaced for an engine replacment) is something like $15-17K.
@cruisermatt if you can get a short block for $3200 like when they are doing the big sales in the south or you have a massive discount because you have a shop, then I agree the short block is a better bet. But if you are paying dealer prices most short blocks are $4k-$4500 (MSRP $4900) and that is not even close to what you can rebuild for. Most people can have a block rebuilt with Toyota parts for under $3k that’s with the machine shop assembling. Wanted to just throw that out there because most DIY guys would consider a $1k+ difference to be substantial.
Valid point, I forget cost varies so much coast to coast.This may be regionally dependent on machine shop costs. I sell the OEM short blocks to my customers for around $4500-4600. Around here there are no reputable machine shops that will hot tank, line bore, hone, deck, grind/polish crankshaft and assemble with new OEM rings/bearings for that price and make money on it.