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My dad (mechanic) has a thing which is like an old radio aerial which has a magnet on the end, get one of them and send it down! Useful for picking up bolts which are dropped etc too
yeah, pretty tight though, not easy to remove without bending it.
magnet might work if you can get a small one (i have a few but they're all bigger than the tube). Worst case it's sump off, which isn't really that bad but it's a big-ish job for just getting the dipstick out