I'd seriously consider putting in a low mileage takeout. You got nearly 200K from your first one. You could put in two or three more and still not get close to the cost of a built engine. Way more reliable than a reman IMO.
Pros and Cons to both...and think a big factor is who's going to remove and reinstall either of them....because I've found since I'm no longer really able to "work" on my vehicles due to back injury,the Labor can eat you alive...sure a "take-out" would be the way to go as far as upfront costs,but it better have a good warranty and better have a good trusted shop do the work...I've had experience with a ReMan engine and can say EricM is correct...had one installed in my Corvette...and went thru 2 years of Hell as it was shit from day one and had to be replaced 2 times..!! I'm just glad I wasnt doing the work,and if I didnt have a long time trusted shop do the work,it might of turned into 3 years of hell...they had to deal with the installs and reinstalls,and didnt cost me extra,only that I didnt have a car to drive for almost 2 years..!! My mechanic lost his shirt on the job,and last I heard he was still fighting with the ReMan company....So,its really a crap shoot on which way to go...just make sure its either rebuilt or a local take-out...someplace you can walk in the door and bitch....I'd be very careful doing the online or shipping route..IMHO
A little PS to this..for those that might ask....YES...the ReMan Engine had a Warranty...HAHAHA...almost useless written up by Shark Lawyers...with enough loopholes to hang yourself....THEY will find everyway they can to get out of it...!
First engine they said,Well,customer drove the car for 200 miles and either doesnt know how to drive it,or beat on it,as in hes some young kid
(they actually said that)...
HAHAHA..REALLY...I've owned my '63 for 40 Years...pretty sure I know how to drive it....and my mechanic knows me....turned out the thrust washer went bad,or had to much clearance...its been a while,but they sent Engine #2...
This one lasted appx. the distance from the shop to the gas station...about 10 miles,or lets say the time it takes to warm up....it warmed up to 260! Called my mechanic and he sent a flat bed to pick it up....
Again they blamed the "young-kid",and would NOT warranty the 2nd engine,saying I ran it with no coolant...HAHAHAHA!! Mechanic pulled heads off....2 cracks ....so out comes 2nd engine...this where the fight starts between him and ReMan Co.....and 5-6 months later,they finally sent #3...Guess its true,3rd times the charm...If I had to do over,I'd find a local Engine Rebuilder (with a 5** rating!) and have it built the way you want.