About a month ago, I bought a 2002 Toyota Highlander V6 (1MZ-FE) with 60,000 miles. New timing belt, new battery, new tires, clean Carfax, and it was the cleanest used car I'd ever seen. I love it... except for one thing....
I quickly discovered that it uses oil. Lots of oil. About a quart every 500 miles. It doesn't smoke at startup, or while driving, and there're no leaks visible on the motor (I checked all these before I bought it). It has the redesigned valve cover & PCV valve that were supposed to reduce the sludge issue in the 1MZ-FE motor. On the other hand, the original owner only changed the oil every 6000 miles (about once a year).
I have a 6 / 7500 warranty through GWC Warranty. Right now my plan is to take the car to my mechanic and see if the warranty will cover a new motor (but I'm not optimistic). I paid about $2000 less than KBB trade-in value for it, so I could just unload it on a dealer and hopefully break even.
My question is... what would you do?
I quickly discovered that it uses oil. Lots of oil. About a quart every 500 miles. It doesn't smoke at startup, or while driving, and there're no leaks visible on the motor (I checked all these before I bought it). It has the redesigned valve cover & PCV valve that were supposed to reduce the sludge issue in the 1MZ-FE motor. On the other hand, the original owner only changed the oil every 6000 miles (about once a year).
I have a 6 / 7500 warranty through GWC Warranty. Right now my plan is to take the car to my mechanic and see if the warranty will cover a new motor (but I'm not optimistic). I paid about $2000 less than KBB trade-in value for it, so I could just unload it on a dealer and hopefully break even.
My question is... what would you do?