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OK i know this topic has prolly been beat to death. BUT! Once again....
How much oil can my z06 possibly consume? What is the threshold where i get a new engine? I cannot figure out how this thing goes through this much oil without smoking. I swear it burns almost 2 quarts in 1000 miles. The car is a 2002 and has less than 20k miles.
If you are actually burning a quart every 500 miles, you have a problem. Bring it to the dealer for a consumption test.
Absolutely get it to the dealer. There's a TSB regarding replacement of the valley cover that could fix your problem without much intrusion into your engine. But first the dealer will want to validate your claim of over-consumption.
Just curious, what was your engine break-in procedure.
My 01 and my 03 uses about 4 ounces every 1500 miles.
I never go high RPM until the oil comes up to temp to keep oil pressure low.