Third gear clutch test: With the parking brake on, disengage the clutch. Shift the transmission into third gear, and increase the engine speed to about 2000rpm. Slowly release the clutch pedal until the clutch engages. The engine should stall immediately. If the engine does not stall immediately then your clutch is slipping.
Between the smell and oil dripping from the rear of your engine this is not a happy sign. You should have your rear main seal and IMS checked, and clutch replaced. It sounds like you are a perfect candidate for the above mentioned 62k mile service.
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2001 Boxster S 3.6L, Zeintop
"Calling upon my years of experience, I froze at the controls." - Stirling Moss
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