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Sounds like its knocking its fanny off! If youre looking at it take the oil cap off and have a look at the cam lobes, if they're scratched and you can feel any grooves with a fingernail then walk away.
I've seen a few 197/200's be ran low on oil and they just get massive top end knocks. A mate of mine does meglio conversions so usually buys scrapped 200's that always have fucked top ends
@jameswrx this one also has the gearbox issue. I was willing to fix that, but hearing the engine, I am not going to bother. Don't want another money pit.
There are a lot of 197's , but when it comes to common issues to be fixed, very few have them sorted, and the one's that don't are still silly money.
This time last year, I was looking at Meglios, that were the price of a 197 now. Prices went up up up, but the cars are still piles of...