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Unless a PPI rules it out, it'd be prudent to budget for a worst case scenario: $20K engine rebuild. I don't want to sound alarmist and this could also be a $200 fix.
Without a proper diagnosis, it's impossible to say but you need to either get the car for a low enough price that a $20K rebuild is manageable, or confirm the cause of the oil leaks and price out its repair.
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