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My '03 is like that too but mine has 229,000 miles on it, so actually it's probably worse.

It's really ugly but it probably won't leak for many years after the bubbling starts because the pans are actually laminated/made from "quiet steel".......a layer of nasty plastic goop sandwiched between two layers of steel. So you're only seeing the outside of it....the inside layer is probably still in perfect shape.

The nasty plastic goop stuff (also known as engineered multilayer composites with various viscoelastic cores) tends to protect the inner layer pretty darn well. The outer layer can be pretty trashed and it won't leak.

http://www.quietsteel.com/quietsteel.html

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