Used Cars: Buying used with engine rebuild, used, car

Question
Hi - just wondering what you think of buying used where the engine has been rebuilt. I've seen (not inspected) a Mitsubishi with the following:
Fully rebuilt
-New Over sized Pistons
-New Rings
-New Big end and Main end bearings
-ACL race bearings
-ARP studs and bolts
-New cambelt, Water pump and tensioner's
-New Gaskets
-Walbro 500hp fuel pump
-Fuel pressure regulator
-Extractors, brand new

Is a rebuilt engine perfectly good if done professionally?
Thanks
Ian

Answer
Is a rebuilt engine perfectly good if done professionally?

Hi Ian,

Here is a copy/paste from my website

Frame Damage,,, Would you feel comfortable sitting on a chair that you knew had frame damage and now patched together, never mind going down the Hwy sitting on a car frame at 70 Mph. If saving money means more to you than playing Russian roulette with your life go ahead.

Flood Damage,,, Think about the vast series of wires that run throughout the entire car that have been submerged in water for how long ?

Rebuild Engine,,, Many buyers will strike gold without any problems, from a personal viewpoint they just never seem to perform the same as original factory build.

Hailstorm Damage,,, There will only be cosmetic damage, an excellent purchase if you can live with the Bonnie and Clyde appearance

You did not mention model year or why vehicle needed to be rebuild,,, can you provide a link where I can view this car ?

Have a Blessed day
From the computer of
Ray Paulsen
http://www.usedcartips.org/index.html