Hi all - apologies for the newbie, high-level question. I've had Toyota 4Runners (80s) and a few Toyota trucks, but this is my first FJ. Most of my mechanical experience is with motorcycles (complete teardowns and rebuilds) and I do have a garage and tools.
Here's the deal: I bought a 1989 FJ62 with 160,xxx miles on it knowing the motor had some serious issues and would likely blow up. The frame is also pretty crappy. The suspension was totally shot but the body is about 70% good, almost mint above the floorboards. The interior is stunningly perfect. The only thing not mint is the broken fuse cover. That's it.
I paid $3,500.
I had a little work done to it to make it road safe and had to replace the suspension with Old Man Emu. Drove it for 4 months, with the engine having no power.
Last week it seized. Had my mechanic do some investigation and he said the timing had jumped at some point and it had also massively overheated at some point.
Here's the question: What do I do now??
Options:
1. Do I get an $850 to $1,300 engine from Cruiserparts.net and swap it out and then drive the truck as long as I can before another big "investment"? Or is the transaction cost of a motor swap too high?
2. Do I buy an engine and then wait for another 6 months to a year until I get more money together to buy a frame and then wait again until I can do the body work and then put it all together?
3. Do I sell and take a massive loss?
Thanks for the guidance and I know folks are going to say this is a personal decision based on finances and the wife, etc. But, really, I need to know whether it's worth it to put another engine in or just go all in and do a complete build.
Here's the deal: I bought a 1989 FJ62 with 160,xxx miles on it knowing the motor had some serious issues and would likely blow up. The frame is also pretty crappy. The suspension was totally shot but the body is about 70% good, almost mint above the floorboards. The interior is stunningly perfect. The only thing not mint is the broken fuse cover. That's it.
I paid $3,500.
I had a little work done to it to make it road safe and had to replace the suspension with Old Man Emu. Drove it for 4 months, with the engine having no power.
Last week it seized. Had my mechanic do some investigation and he said the timing had jumped at some point and it had also massively overheated at some point.
Here's the question: What do I do now??
Options:
1. Do I get an $850 to $1,300 engine from Cruiserparts.net and swap it out and then drive the truck as long as I can before another big "investment"? Or is the transaction cost of a motor swap too high?
2. Do I buy an engine and then wait for another 6 months to a year until I get more money together to buy a frame and then wait again until I can do the body work and then put it all together?
3. Do I sell and take a massive loss?
Thanks for the guidance and I know folks are going to say this is a personal decision based on finances and the wife, etc. But, really, I need to know whether it's worth it to put another engine in or just go all in and do a complete build.