So I bought a 2006 hummer h3 a year ago for $2,000. On the way home the engine siezed and was towed to a yard. $10000 later I have a new engine, new radiator, and condenser among various little new parts. My question is does having a new engine bring up the value and is it possible to sell it for enough to make profit?

 

So I bought a 2006 hummer h3 a year ago for $2,000. On the way home the engine siezed and was towed to a yard. $10000 later I have a new engine, new radiator, and condenser among various little new parts. My question is does having a new engine bring up the value and is it possible to sell it for enough to make profit?

 

It helps the value but likely not enough for you to make a profit.

 

It's a complete reman engine, would I advertise as 0 miles on engine with the total miles on chases? And in your opinion what would you think it could sell for? I'm $12/13k into it would it be better keeping it or sell it and cut my losses?

 

I would never pay 12-13K for any I5 H3, remanufactured motor or not, and especially not a 2006. If it is super clean with no current issues, maybe $10,500.

Good luck.

 

Doc Olds hit the proverbial nail on the head. My comments involve things you DIDN'T mention:
Mileage.
Photos.
Area you live. Has an impact on value/price.
On and on.
But, in essence, you invested ALL THIS MONEY and then asked if you will be able to recoup it...this is the classic case of the cart before the horse.
In reality, we learn that buying any vehicle at the price point of $2,000 is equivalent to running into a brick wall.
You would have been far better off if you had walked away from the $2,000 H3 than you are with $10,000 foolishly invested in a 2006 H3 that will probably never allow you to break even.
I know these words seem blunt, however... someone failed to perform proper research!

 

Even with the new motor is it worth keeping, or selling and cutting my losses. I quess the question is if I do keep it what are some things I should watch out for. Also the 10k was the result of a shady machanic who took me for 3.5k, so I quess i shouldnt have included that in the total price.

 

There are H3s with 200K, 300K, and yes, 400K miles on them that have done less that what you have so far. So that is difficult to answer and depends on your needs and intended use.

There is nothing special about possible problems for an H3, same as any other GM truck except the radiators are crap. Watch out for "shady machanics".

The best way to own an older aging vehicle is learn to fix what breaks and do all maintenance yourself instead of paying people that can smell your lack of knowledge and the cabbage in your wallet.

 

I paid 13K for the 2008 with 140K. It had 2 previous owner and still is super clean. It's been in California for most of it's life too, so no rust.

It all really depends on condition and where you live.
Ours gets all kinds of love here in FarNorCal. Tons of head nods, thumbs up and nice comments.
If I wanted I think I could get most if not all of my money back.

 

Ask whatever you want! (I do & get my asking price). First, you need to show proof/value in order to sell @ your asking price. I recently sold a 1948 house I paid $92k for, I sold for $195k. Under $10k cost for materials & my labor. Buyer was impressed & purchased!