Engine swap
Thank you!
If you swap for the 1.8, add the cost of a used wiring harness, and lots of labor there, and the cost of a used ECU. And depending on what peripherals you get with the new motor, you might also need some different air intake, throttle body, heater hose kind of stuff. I'm not sure what other hardware you'd need, but that 2.8 is a darn good motor. Smooth, and it pulls all the way to the redline.
It's a 13 year old $5,000 car. You won't take it to Pebble Beach. Just get it back to a reasonable driver for the least $$ possible.
if you do the work yourself you are looking at about $500. Intake valves are like $9 exhaust are $14-19 thru ECS, head gasket set is around $100, and then the Timing belt kit. it is possible to damage a guide but I have yet to have a 2.8 damage one when it bends valves. if the car did not overheat then the heads should be fine.
the only reason I would ever change out a 2.8 would be do to a oil pump failure causing a bad lower end! anything on the top end is a "easy" fix






