Where in Florida are you? Perhaps I know someone for you to take it to. I purchased a 94 wagon (250K) with a blown headgasket and a rod knock for $500.00 and fixed it up for my brother. I purchased a motor and transmission with the wiring harness out of a 96 850 (98K) so that I could upgrade to a set up that I believe is stronger. The cost of the motor/trans/harness was $1200.00. An independent should be able to find you a low mileage, leak down tested motor for appx $950.00, with moderate mark up, plus shipping. Labor should be around the $1000.00 mark. New plugs, seals, timing belt, serpentine belt, waterpump, filters, thermostat, freon, fluids, etc. would cost appx $200.00. So, for a really good used resealed motor, with numerous new parts, you could have a car that should last you an easy additional 150K, for around $2500.00.
Or you could slap a rebuilt head on it, and that would set you back around $1600.00.
If you have serviced your car like you should, and the suspension is tight, and the air conditioning works, etc., etc., I would fix it. I sold a 94 wagon for one of my customers to one of my customers just last week for $4500.00, so yes, your car is worth at least as much as you are about to spend. Keep your car if you love her. Name her "Perrier" if you need to expel some anger.
Chris
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