Here is the deal, it does and can happen but it is in limited numbers. This hysteria has killed the market. Last year a close friend of mine had purchased a 21k 2002 Boxster for $1600. The PO had the car from new and all of a sudden the oil pressure light came on at idle, the owner shut the car off and sent it to the Dealer. The Dealer could not find anything wrong but changed the oil pressure sensor and the oil light continued to light up. They told the owner that these cars have a high rate of IMS failures and that is probably what has happened and they would need a new engine. Needless to say the PO ditched the car and a my Friend picked the car up for pennies. He was planning on just swapping the motor out at his VW Audi tuning shop and resell it. He took it back and decided to dig into the car a little bit as he already had a motor on its way from a local yard. He found that some pressure relief spring had cracked, he went back to the dealer and purchased the spring for $7 his cost and installed it. Light was gone and the oil pressure was back up to spec. It makes ya think what hysteria can do.
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