Q: 2006 Jetta gli timing belt broke while driving on highway, valves damaged is it worth fixing

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Is it worth fixing ?.. The car is the top of the line back in 2006. The shop where it was towed to estimated over 3,000 - 3500 to fixture The mechanics said a guy he knows from a dealership offered 500 for the car I really do not know what to do. The car is in stuck redding california , I live in Phoenix Help

My car has 100000 miles.
My car has an automatic transmission.

The car is worth between $5500 and $6500 with a running motor. If you spend $3500 to fix it then sell it outright you may profit about $2000 to $3000. If you trade it you may get $4500 or less offered for it. Both of these are better than the $500 from the dealer as is. I would offer to sell it to the dealer for $2000 as is.

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