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No, you will still be creating damage with no oil pressure regardless, but I have seen engines run with no oil for a while. I had an AMC 258 in a Sprint where I blew the #6 rod out of the block, lost all the oil, and it still ran for a good 10-15 minutes until I shut it off!f the engine is really old and loose, you probably have low oil pressure not 'no' oil pressure. Keep it full of oil and don't push it too hard and it might run for a long time. If you really have no oil pressure the engine will freeze up faster than I can answer this question. bob_whelan1944 Â· 9 years ago. Thumbs up.
The your transmission will fail is the best. It's engine oil not transmission oil. It takes 30,000-60,000 miles before sludge and serious engine damage begins. Nothing magical happens after 3,000 miles (fake amount of time to change your oil) or 10,000 miles (typical recommended time to change your oil) the moment that light comes on. The oil change light is basically hooked up to your odometer, with a couple minor adjustments. It does not measure anything in the oil.