(Home) Engine big clonk

I have a lite-ace, turbo diesal 2 litre. Recently I noticed a slight tapping noise coming from engine. On a recent journey tapping turned into a banging ,red oil warning light came on and orange oilcan also. On checking there was plenty of oil in.A mechanic friend says I need a new engine at a cost of £1500 but he's only listened and hasn't taken the engine apart.any suggestions on cause and remedy? - (#1152) k.richardson, 29 Sep 01

Big ends?
The orange oil light shouldn't be related- it's low oil level. Unless an errent con'rod has hit the sensor... - (#1153) David Miller, 29 Sep 01

Being the owner of the site, you may have read the home page scenario I have had recently with my vehicle.
My problems began with a tapping noise coming from the engine and turned into a nightmare. Many garages will want to remove your engine in order to strip it down to find the fault, £300, don't let them order parts until they've spoken to you about it. My problem ended up being the Turbo that had packed in causing a bent conrod which damaged the internals pretty bad.
I hope your problem isn't as serious.. - (#1157) MAC, 1 Oct 01