engine about shot
about a month ago i changed my oil and noticed more metal shavings than ought to be on the plug i expect alittle mettal on the magnet the car is 8 years old and does have 96000mi.. i check it about 1-2 times a week last time i checked it it was a quart low so i added 1 quart. i went to the track sunday and raced the car checked the oil monday and it was still full. i was driving today and noticed my oil pressure was around 20psi at idle in drive(usually around 40psi in my car) so i pulled into the nearest gas station and when i checked my oil it was a quart low again.
my question is when the motor does go should i just take whatever engine the warrenty gets me (my "new" trans was an 86000mi. one) find a low mile engine and pay the difference or get a gm engine and pay the difference. the only problem i have is that im 19 and as my parents use to say money doesnt grow on trees. so any advise would be greatly appreiciated.

