I have a 2012 S60 T5 Volvo with 107,000 miles. It seems to be running well except recently it began to use oil, about 1 quart per tank of gas. If I step on the gas hard to activate the turbo some bluish gray smoke is seen. I took it to a Volvo dealer who did a compression test. He said the engine was ruined and needed to be replaced. He did not tell me which cylinders were involved or how much pressure loss there was. I went to another
Garage who ran a diagnostic and came up with the following codes. PO336 -00, P0008-00,P000B-77 and P054-00. I was told that a new timing belt would take care of the problem. I was also told it needed a ring job. I was also told to get rid of the car. Any ideas?