How does replacing an engine impact the resale value? Add? Subtract? No difference?
I am considering buying a 2002 Ford Explorer XLT that I am told has had the engine replaced, but no details as to why, who replaced it, or what the miles on the new engine are. On test drive the vehicle performed very well and seems to be in excellent condition. To confirm whether the price is fair, should I adjust for the new engine? Is there a way to get details about t rebuilt engine? The CarFax report on this vehicle makes no mention of it.