its a beams motor... i have seen them sell for around 3000 just the motor, not a frontcut.
If you can get a beams for $5500 delivered i would say its a fair price. Compare it to a Honda S2000 motor, excelent motor, n/a, 2litre, and still costs a bucketload... they are in the same field me thinks.
Hope it helps,
ivan
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