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If the cambelt has slipped then yes, it's extremely expensive. It's a £400 job alone just to get it changed at the interval. If it's slipped or broken then chances are the valves have smashed themselves. Pistons are f**ked and so on. Leaves you with the options of getting the top engine rebuilt...
Hold Power/Lock + Volume Up buttons for 8 – 10 seconds.
Phone will vibrate three times. Release buttons and power on as normal.
That'll soft reset your Xperia. See if that cures the issue.
Saw this today on M25. I'm sure I've seen it around loads. There is a member called 'C17 TWO' who hasn't been on for years but unsure if he still owns the car/ever did.