if its a 'good car' and you like it - put another motor in it -- it will definitely be cheaper than replacing the vehicle and there are auto shops that can do the whole job for a not unreasonable amt and give you a guarantee on the job -- or if you need to be a hero do it yourself talk with local mechanics as to where to get the motor buy or rent some tools and get to work
most DIY books say a motor swap takes several hrs done correctly - figure you're new to it, coupla days with a few friends to help and some cold ones after work is done
plus how cool is it to walk into work on monday and say "yea me & the boys swapped out an engine"
and the money you save goes towards that new kitchen the wife wants

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Post the car on Craigslist. Use a decreased blue book value as a price for the entire car and/or price out individual parts. Look on ebay as a good guide for individual part prices

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Depending on the model of the car you can get a replacement motor and end up selling it for a decent profit, or at the very least recoup your losses.

Parting it out is another way to go, but that might end up being too much of a hassle.

You can always go the carnival route, have it stripped of all glass and electrical equipment and charge people money to hit the car with a hammer. My friend made $4,000 in one day doing that, and then ended up selling the rest to a junkyard for scrap metal.

Just ask a local university for a portion of a busy parking lot and watch the heavy traffic build up. They usually are happy to oblige if you promise to give a portion of the proceeds to charity.

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If it's just the engine that is duff, why scrap it? If the rest of the vehicle is in good condition why not drop another lump in?

if it is a classic vehicle then there may be several options to slip a more powerful and economical unit under the bonnet (hood).

This practice is commonplace for the likes of Land Rovers, Beetles and other classic yet plentiful vehicles.

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