I was driving 70 mph on open interstate when my oil pressure light started to blink. About 5 seconds later the engine stopped and I coasted to a stop. I checked my oil and there was none. I poured in a quart of oil and it came right out of a 3 inch hole in the oilpan. I had it towed in and my mechanic tells me that the engine put a rod through the pan. He says I need a new engine.
I have found two rebuilt engines; one for $2300+800 core+shipping, one for $3200+400 core+free shipping incl core return.
The mechanic seems very competent and feels comfortable with swap.
Any ideas?