I recently bought (last Nov.) a 2004 Dodge Intrepid (2.7 liter) despite being warned of "timing chain" problems it might have. The car has 130,000 miles on it (mostly highway). After five months of no problems, I started noticing the oil light coming on occassionally. So a mechanic put in a new oil pressure switch. Now, anytime I drive the car for a few minutes, the oil light will come on and stay on if I'm at a stop sign or idling. It goes off when I step on the gas. Someone has now told me that it's likely that I'll need a six-hour repair to fix the "timing chain" and to put in a new oil pump and also while I'm at it, probably a new water pump.
Is anyone familiar with this or might I be fortunate enough to have a lesser problem ?