Hey everyone, I've lurked here for awhile and decided to finally join the madness thinking that you crazies would be the perfect sounding board for my current problem. I apologize in advance for my long winded first post.
THE PROBLEM: I've got an 01 Ford Ranger for my daily driver (2.3l Duratec/5 spd manual). Long story short, it needs a new cylinder head due to previous owner's ineptitude. I don't really have the time, space or desire to replace the head myself.
OPTIONS: 1) Take it to the dealer. I'm assuming by the time the head, head gasket, intake and exhaust manifold gaskets, front cover gasket, and new timing chain (might as well while it's apart) are done, I'll be looking at a substantial bill from the stealership that would probably be almost as much as the truck is worth. But, it would probably be good to go for another 100k or so of daily driving.
2) Sell the truck for as much as I can get, and put that money towards an 05 Mini Cooper S with 160k for a little under $4gs. It would get about the same fuel economy as the Ranger, but would require premium gas, and it has 50k more miles than the Ranger. The fun level goes up (significantly), but I'm sure the maintenance costs would too (significantly).
3) Save the money spent on fixing the Ranger, sell it, and buy another cheap, dependable vehicle to get decent mileage
4)???? Show me what you can come up with
SOME GENERAL BACKGROUND/ THINGS TO CONSIDER:
I drive 50 miles/day to and from work
Mrs STM317 is on board with either option, but likes the idea of a back seat to baby when the time comes.
I already have a sort-of-sporty, play thing to drive on weekends, nice days etc and I'm not sure I need another bad habit in the driveway to dump money into.
I live in Indiana, so it has to handle midwestern winters well enough.
Mrs STM317 and I are house hunting for something with more garage space where I will be able to really indulge my car problem, but current space is extremely limited.
So what say you? Pay a bunch to fix the truck and drive the wheels off it, pay a bunch several times to own the Mini and deal with the maintenance, cut bait and buy something else?