Oil light

Is there any ticking or knocking from the engine to indicate the pressure is low?

Chances are that is nothing more than a lifter that is pumping up. Have you ever checked the oil pressure with a mechanical oil gauge? All you do it basically unscrew the present oil sending unit and the mechanical one screws in the same place. By doing that, we can make sure the oil pressure is good and it is an electrical issue rather than still the engine. Please keep in mind, oil pressure is acutally made not by the pump but rather it is based on how much clearance between main bearings. If they are worn (excessively) it doesn't matter how good of a pump you have, the pressure will be low.

Let me know if you would be able to test it that way. Most parts stores will lend or rent the gauge to you.

Joe

Let me know what you find.

Joe

What he is saying is correct. As far as the crank bearings, it isn't a hard fix, but will take time. The cam is another story. It will be labor intense.

I wouldn't do anything until you check what the oil pressure actually is. A slight tick in the AM until it warms up could go on for years without issue. The oil light could be a simple 20 dollar sending unit. Have them check the oil pressure to be sure it is low. Honestly, for it to be low enough for the light to come on, you should hear more than a sligh AM tick.

You can check it yourself. It is easy, and most nationally recognized parts stores will lend you the gauge. It is nothing more than unscrewing the oil sending unit and screwing the mechanical gauge in. The people at the parts store can show you exactly where it is and how to do it. If the weather is good, they'll lend you the tools and you can do it right in their parking lot. It will take about 15 minutes.

Also, I can help if you have questions.

Let me know.
Joe