I purchased an '09 FX4 with a 4.0L SOHC engine and standard transmission a year ago. I paid $8K CDN. It had 188,000 kms on it when I got it and it just turned over 199,000 kms now. The body was in fair shape with a few dings and a bit of rust. Mechanically it is was in really good shape. It had been inspected and serviced, new fluids in transmission and both differentials, new brakes, and new plugs and wires. The interior was in good shape; no tears in seats, etc, and the A/C and power windows worked.

Last week the engine started making a horrible ticking/knocking sound. I towed it to the local garage, and they suspect it's the timing chain guides. They told me they wouldn't fix it because they'd done one before and it went sideways on them. No more details given. I went to the Ford Dealer and they quoted me $1400 for parts and $3500 for labour. I know they've got to pull the engine, etc., but damn that's a lot of money. I've done lots of work on cars, but this is beyond my capabilities to do myself.

I've been very happy with the truck, but I don't know if it's worth it to sink another $5000 into it. Thoughts anyone?