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Is it unwise to buy a van with a reconditioned engine?

I have seen a 2006 Renault Master, which has been converted to a horsebox. It also had a reconditioned engine in 2013. The mileage is 159,000 and the seller says the new engine has only 50,000 miles on it. People have said to avoid anything with a reconditioned engine. What do you advise?

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Very much depends on what the seller means by 'reconditioned engine'. If the original engine was replaced with another unit from a different van then I would want to see some significant paperwork to show its history and mileage. Otherwise you have no proof that engine was new at all. For all you know, it could be older with far more mileage under its belt than the seller is letting on.
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