Replacement engine effect on resale value
Was talking with a friend yesterday about my Ranger, when i told him that my engine had been replaced over 4 years ago. He told me that having a replaced engine halved 1/2 my resale value . My immediate reaction was that there was no way, but i want to hear some different opinions on the matter.
Some more facts are that the replacement engine came out of a 2002 B2300, has less miles than the original, i have the original receipt for the engine, and documentation of shop which did the repairs.
What do you guys think? This is probably just as much a philosophical question as a practical one.