You might check out this post, there are many similar as well:
http://www.peachparts.com/shopforum/showthread.php?t=195624&highlight=M103+oil+leak
You eventually will have to address the issue whatever the cause, so you should price the car with that in mind...
Good Luck,
-GH
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1992 Mercedes Benz 500SL
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2003 Honda Element
2002 CBR600F4i
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