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Originally Posted by Steve Tinker
Perhaps its time for you to have an Porsche expert inspection on this (not just a mechanic) as, after all, you are looking at the difference between parting out your car at a great loss or the possibility of resurrecting the engine.
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No matter what happens, it will be at great loss. If I sell the chassis, I'll be looking at a loss of about $7-9k. If I replace the engine with a used one, it will be $4-7k out of pocket. If I rebuild it, it will likely cost me $4-5k. Those are the cheap options on a car that's worth $10-12k. Since most of what's in my pockets these days is lint, I'm leaning towards the first option, but haven't decided for sure yet.