OT - Save it, Sell it, Scrap it?, 91 Ranger blew head gasket IT LIVES!!!!!!! Options

[GaroldShaffer]

Sorry for the OT post, but looking for your thoughts. I bought this 91 Ranger last November with 135k on the clock. Main reason was to keep the miles off the Big Ram truck. It now has 169,5XX miles on it. Its a XLT with 4.0L V6 ICE cold AC. I paid $1200 for it and have put another $600 or so in it (new Rad, Alt, Tires, Shocks and brake pads). Its been a great truck, I drive the heck out of it.

Well.................. It lost a head gasket yesterday. Started runnig rough, lots of white smoke out the exhaust pipe and coolent smell. Rad was down a little, no puddle on the ground so its going some place. I suspect one of the cylinders.

So here is the question. Fix it, sell it, or scrap it. Its a great truck with no rust I hate to scrap it. Doing some online pricing if all it needs is new head gaskets then the cost should be under $600 (parts & labor) but if it needs head work (or replacement) well then I am looking over $1500 to $2K. I can get a long block for $1900 then again there is the labor cost also.

I have done 90% of the repair work on Lil Red myself, but I am not up to doing head gaskets (or more)

What would you do?

Here's Lil Red (IMG:style_emoticons/default/driving.gif)