I learned today that after 16 trips to the dealership for repair in 18 months, my CPO 2012 S60 T5 is getting a new engine at 67,000 miles. The straw that broke the camel's back was oil consumption that could not be remedied. About 14,000 miles ago, my oil light came on, alerting me that the car was nearly four quarts low, only 3,500 miles after a service (I know it wasn't under-filled). Even after a piston ring/seal job, it lost 3/4 quart in the subsequent 600 miles, despite no leaks or visible smoke in the exhaust. I've kept up with the services and specified only fully synthetic oil. My service advisor seemed to agree with my theory that being an early example of a P3 T5 was to its detriment. Although it's a 2012 model, it was built in November 2010. I am wondering if anyone else has had a similar experience with oil consumption on their T5.