It is better than nothing!

At worst you will get a partial oil change because the filter housing might not drain. Just be careful to not overfill it when you are adding the new oil.

Get that housing replaced/fixed soon, before the filter gets clogged.

Jim

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1995 S350D, Green with black leather interior.
Bought January 2008 w/ 233,xxx miles.
I did 22,000 miles during the first year of ownership.