I own a 1988 VW Rabbit Cabriolet convertible. Lately my low pressure oil warning light has been flashing after the car has been driven a few miles and the oil thins out. The oil pressure gage on the center console verifies that the oil pressure is low, because when the oil is still cold the pressure is normal at idle (around 1 on the gage), but after it warms up the pressure gage reads less than 0.5 at idle and the warning light begins flashing. While driving along with the oil cold, the gage reads almost 5, but after warm-up it is less than 2 while driving and the warning light does not flash until I come to a stop.
I tried using a thicker oil (SAE 40), but it made no difference.
The car has over 270,000 miles on it, but it still has plenty of pep and there is no unusual engine noises (I can easily get it up past 70 MPH and there is no visible smoke coming out the exhaust pipe). This makes me think that the problem may just be a bad oil pump rather than bad crankshaft bearings. What do you think?
Anyway, I am having a new oil pump installed today, along with new oil pressure sensors. Hopefully that will fix the problem. I'll post the results.