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Got one with Huyara Rims and Slicks where the wheels alone had cost about 8000 bucks - the car had about 6000 miles, the engine alone was worth 18 000 bucks, not to mention all the parts I had to replace in the restoration process - and I got only 14000 in return after selling it.
If you make big profit with a car without engine swapping - you got more if you do it. If the car doesn't make sense to restore for selling them at all - like a Salem Flamo or the Lotus, an engine swap won't do the trick for you (Yes I know, you can't do engine swapping for Lotus....)
Engine swapping is only some kind of multiplicator for the bargain, if it's great without, it would be much better with it.
And if it's maeh without engine swapping, you would hardly get the money back you put in if you do an engine swap.....
By cars from junkyard, where you mostly build the engine new from scratch, it is not that harsh.
Sorry for my bad english....
The value of an engine as a whole depends only on the value of the parts it is built of. HP output is not relevant. So yes, if Ford engine from Ford DLC (engine block and all other parts mounted) is more valuable than the generic V8 DOHC Supercharged and you swap it, then you could lose money indeed.
https://steamcommunity.com/sharedfiles/filedetails/?id=1146473030
Not sure that the prices do correlate with your observations though. From a quick glance (me not owning the Ford DLC) and assuming I looked at the right V8 supercharged (from the Reptilia R2) engine prices are not that of a big difference.
Worth noting that the price of parts MOUNTED on a car have a higher "sell value" than the same part unounted. There is a ratio for that value, but me not beeing a number nerd I truely don't give a frack as to what the ratio is.
I just know it's there from personal tests, because I found out that a broken part mounted on a chassis I didn't want to keep had a greater value than sold directly from inventory.