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Bad cylinder on an 06 4 cyl. Colorado. Is it worth fixing? Buying a used eng. Or on 2006 Chevrolet Colorado

What is the most cost effective solution having a 4 cyl colorado. rebuild buying a new Engine or dumping a truck with 90k on it that's only worth around 4-5 grand. The #2 cyl is bad and the labor alone may not be worth it.

your repairs are going to be pretty close what you were quoted at for truck. i think its about $2000.00 to bore out and re-sleeve the cylinder. to buy rebuilt engine, maybe $2500.00 -$3000.00. to buy used maybe $1500.00 as is with no warranty. can not say for sure until you open it up and find out how bad the damage is.
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1 more answer
First off, on your 2006 Colorado, why are you suggesting that it has a bad cylinder?
Do you have a P0302 cylinder #2 missfire code? Simply you could need spark plugs and/or a coil for cylinder #2. Have you had a professional diagnose it?