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By ordinary definition, "overhaul" means the replacement of sealing parts and gaskets, bearing surfaces and basic parts. Engine size and complexity affect cost. A typical overhaul of a Chevrolet V-8 engine will include dis-assembly, machining, cleaning and re-assembly of the engine. Essential parts will cost from $200 to $400. Machine labor for serviceable parts will vary from $300 to $600, and labor to tear down and re-assemble will be an additional $300 to $500. Total cost can easily reach $1500 or more. Labor to remove and reinstall the engine is not included.
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You could just buy a new chevy engine from http://newchevyengine.com
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