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Oil pressure light 700 1989

Hi all,
I looked at a nice 89 740ti today. On the test drive, the oil pressure light came on shortly after I started, maybe 2 minutes. I pull over shut it off and check the oil level, 1/2 quart down.Start up, no light for maybe 1 minute. worried now, I wonder about just getting it back to the lot and leaving it. I was right near an AutoZone so I buy a pint of STP to thicken up the oil just to see what happens. Same deal, light on almost immediately now the car is warmed up. After driving back to the parking place, I turn it off and restart. The light comes on after a few seconds. Tap the accelerator, light off temporarily. Looks like a bad oil pump. Engine supposed to have under 100K miles and regular oil changes. The guy will take $850 for this pretty clean wagon (185K Miles) that drives much better than the 87 740ti I am driving now. Is it worth the hassle to fix it or is there an easier way out. The old guy that is selling it has had it for a year and had tape over the row of idiot lights, so the oil light could have been on for a long time. Any insights, I'd like to buy and drive this car without doing any major surgury. Thanks,

Palmer
--
1994 944na,1987 745ti, 1989 244, 1995 960, 1980 265 V8 sold






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New Oil pressure light [700][1989]
posted by  Palmer  on Wed Nov 29 06:59 CST 2006 >


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