A boating friend of mine works for a company that had two Foresters for their field techs to drive. One had a catastrophic failure while on a call an hour away from the shop and was left at a dealer. They decided not to fix it and wanted to get rid of the other car before it also failed. He posted on Facebook that they were selling the working car for a very good price, so I called him up and offered a bit less, which he accepted. He then asked me if I was interested in one that did not run, and we worked out a combo deal. I had to bring a trailer and drive a couple of extra hours to pick up the broken car.
WWGSM has the working car, which replaced her 1996 Outback that we bought originally and went through other family members before her. It was rusting out and time for it to move on. The net cost for her to upgrade to a 2013 Forester was $1,150 after selling the old Outback, and the book value of the newer Forester is about $8,000.
I was going to get a junkyard engine for the broken car and flip it for a profit, but WWGFM decided she wanted it to replace her 2006 Mustang, so no dice on the flip profit. What we won't do for our children!
Junkyard engines are going for about $3,000 for ones that you don't know if they have the oil consumption problems, so I decided to rebuild instead. The actual problem was a spun rod bearing and LOTS of metal filings throughout the engine. After looking at the cost to turn the crank, one rod and replace a bunch of parts, I decided to buy a new short block from Subaru and have the heads rebuilt by a local machine shop that used to help me with my race engines and also does the machine work for the local Subaru dealer. The engine rebuild will end up being somewhere around $3,500 so WWGFM will end up with a $8,000 car that costs her less than $4,500.
And there goes my $3,500 labor charge evaporating into thin air! At least I got to buy some more tools without my wife getting angry, and WWGSM had fun helping me pull the engine.