How much does a reconditioned Ford Transit engine cost?. The cost of a reconditioned Ford Transit engine varies based on factors like the engine's age, condition, and the specific model requirements. Typically, prices start at around £1,200 and can reach up to £3,000 or more, depending on the level of reconditioning performed and the components replaced. A reconditioned engine involves a comprehensive inspection and restoration process, replacing worn or damaged parts to ensure the engine operates efficiently and reliably. This option is often chosen as a more affordable alternative to purchasing a brand-new engine, offering substantial savings while maintaining quality performance.