Yes the engine can PROBABLY be repaired. You didn't mention how many miles was on your truck but I'll guess around 130-140K. The reason this is relevant is simply the fact you still owe on your truck AND the repairs at a shop would probably run around $1500 - $2000. They would have to at least pull the head and machine it, pull the pan to clean out the debree from the tensioners and the clean the oil pick-up screen. If the pistons are dicked up then the cost goes up... but you get new bearings, rings, pistons and a bore job (probably). They could replace the water pump while it's all in pieces as well. When all is said and done, you will have a good running truck with a mint head and timing chain but with rod and main bearings with 130-140K on them. If you go this route, you will be paying on it longer, but at least you would be able to drive what you are paying on. You might find another 2 Liter engine available for around the same price, however you would have no idea of how well it was maintained by the prior owner. There is a company that imports used engines (JDM?) from Japan. Japan has some kind of rule in place where vehicle engines have to be replaced after so many miles (really low miles) like 60K or so. These would be another option for you. I wouldn't be too concerned with a low mileage 2 Liter. A slightly more expensive option would be to take it to a garage that offers rebuilt engine by a well established company like Jasper Engines. Probably coist you around 5K but you would have an entire long block engine with a warranty and you would be basically starting from scratch. All you would have to do is maintain it properly for a couple hundred thousand relatively repair free miles. In just about all cases, you would have to accept the fact you would have to drive it until it fell apart to recoupe most of your investment in your truck. Not that anyone ever regains money invested in their vehicles. They are all liabilities. Necessary liabilities. Not too bad of an idea anyway with a weak economy anyway. they are great little trucks, if maintained.