Wife's 99 Grand Cherokee is toast.....need advice.
I'm an Audi guy and big user of Audi forums so thought I'd pop on hear and get some advice on my wife's car. It's a '99 Jeep Grand Cherokee Laredo (V8) and the engine went bellyup over the weekend (cylinder bearings are toast). The car is at a local mechanic in Allyn, WA over on the penninsula (parents live over there) and he is just recommending scrapping it and he siad the the cost of an engine rebuild is minimum $5,000. The dead engine's got 146,000+ miles on it so I'm just not sure I want to put $5,000 into a car that's probably barely worth $6,000.
Any of you looking for a parts car? The interior and exterior are in great shape and we just put new front brakes on it and new tires on it about a year ago so it seems like I should be able to get something for it. I guess unless anybody has any other suggestions on courses of action, I'd be willing to accept offers for the car as-is. I don't really have the time or inclination to tear it all apart and part it out piece by piece, but it seems like someone could make some good money doing that if they have the time and know how.
I don't have any pictures unfortunately but I can try and have my folks snap a few shots if need be. Let me know and thanks in advance for any suggestions/advice you might have.