How do I factor in value for a new engine on a trade in? How do you indicate that in blue book?

Question

I have a '92 G20 Chevy custom conversion van. I am currently trying to sell it. But I wonder how to use Kelly's Blue book and such to determine value for selling it or as a trade in since it has a new engine in it. So many are online entry forms at dealership websites and are restricted in your choices of describing the actual condition of the vehicle in this area.
Like the engine here, since it is only 3 years old and not much driving on it, compared to the van itself that is15 years old. How do I indicate that? And how does or how much does it effect value?

Answer 1

You really don't, most dealers or consumers will not add anything for the fact that your van had a new engine 3 years ago, it is still a 15 year old van. I work in a Ford dealership and we laugh at some of the engine replacement jobs we do, the inside joke is the engine is worth more before we bolt it into the vehicle then it is after it is installed. You might get away adding a few dollars to the book value if you sell it privately if the van is in exceptionally good shape.

Answer 2

When you check the value of a vehicle, there is a set of definitions describing the condition of the vehicle. In these assumptions is the fact that all mechanicals work correctly. For this reason, most of the time changing an engine doesn't add value. The only exception is when there is a known recall or problem with the engine which the manufacturer admits to. In the case of a 1992 vehicle, the Chevy is of a fairly low value to begin with. The fact that you put in a new engine can be a good sales point, but really doesn't add value.

Answer 3

I don't see that improves the value, It's a good selling point, in that the buyer is not going to worry the condition of a 15 year old motor. You will never recoup the new engine cost of that same used vehicle. This is provided that you put in a crate motor NEW.

Answer 4

Truly the newer engine means vey little. It is what it is a 92 G20 van. It is expected to have an engine that runs and that is what you have. Not trying to be harsh it just is