Elyse,
Pretty name. What is RWC? How long did you get to drive the car?
No compression is #4. I would estimate that your mechanic is giving you a nice padded story. I am not faulting his diagnosis, but I think he is shooting you a lower than realistic figure. Rebuilding would be a questionable act. You wouldn't want to just fix the one cylinder but rebuild the entire engine.
Getting another engine and having it put in would be a tough act. Might be difficult to find an engine like that. Next, ask yourself what the car is like in other areas of operation, such as transmission, body, steering, exhaust, etc.
I might consider writing that one off as experience and move on to a different vehicle. Sorry but to any of my daughters, that would be my advice and I could do the rebuild for them and I still would say that.
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Friday, January 26th, 2007 AT 7:21 AM