Try and find out why it threw the rod before you put any money into that engine. Also did the rod bust the block?
Rebuild time if it did.
Short block or long block depending on your skill level.
If you fore go the repair you can probably make some recovery money on parts and then sell the carcass to a scrap yard.

 

If you like the vehicle and want to keep it try a certified rebuilt engine from this place:

Rebuilt and Remanufactured Engines by Powertrain Products

The Largest Selection of Remanufactured and Rebuilt Engines for Cars, Trucks and SUVs Online, With The Industry's Best Million Mile Warranty.

www.powertrainproducts.net

If you think the vehicle is a dud, just donate it to charity motors. They take them running or not. Then write off the KBB value on your taxes this year.

 

YUP, a dilemma many folk with an older car faces when something major happens to it. IMO, a RUNNING vehicle will always bring more money than a DEAD one. Even spending $1k on a used motor and labor should still get you a $3-4k selling price instead of fighting to get $1k as it sits. And that is if all the rest of the car is as good as you say.

 

In my zip code (Altanta, GA) Kelly Blue Book has a 2011 EX in 'Very Good' condition is going for $6K to 8K trade in value, and $8K to $19K private sale.. Having a replaced engine will probably knock that down those values unless you get it done with a good warranty. Your 2011 with only 94K miles says you drive about 10K a year, you can put an engine in and get another 3-4 years out of it easily, then sell it and recoup the cost of the engine. Also think about paying for the engine verses a new car payment (but only for 6-12 months). Better than 5-7 years of a higher payment.

 

I did not notice that the OP was in OKLAHOMA, most all vehicles of that age are showing effects of rust belt gremlins pretty badly around me...as to my non investigated pricing figures.