I am lookin at buying an '01 Corolla CE+ with the VVTi but when I looked at the dipstick it had some oil residue (?) on the dipstick that I had to use my fingernails to scrape off. It smelled and looked pretty clean but at the very end of the dipstick it was really stuck on there. Is this something to be concerned about? We already own 3 Corolla's ('93, '95, '97) but none have this. Is it due to the different engine? Is it from the car sitting for awhile? Is the engine going or were some oil changes really late?
Also, all of the Corolla's we own had to have the timing belts replaced around 100k but I've heard that these VVT-i's have a timing chain and that it isn't likely it has to be replaced. Is this true? Will it ever have to be replaced, when, and how much $? Also, how much more HP does this engine have over our other plain 1.6's?
Thanks for any help!
griffin '93 Corolla DX '95 Corolla DX '97 Corolla SD '85 Jeep CJ7