* Low Oil Level: This is the most obvious and hopefully simplest reason. Check your oil level immediately using the dipstick. If it's low, add the correct type and amount of oil specified in your owner's manual. Do not drive the car until the oil level is corrected. Find out *why* the oil level is low – a leak is a serious problem.
* Low Oil Pressure: This is a more serious issue. The oil pump might be failing, the oil filter might be clogged, or there could be a problem with the engine itself (worn bearings, etc.). Driving with low oil pressure will quickly damage or destroy your engine. Do not drive the car until this is investigated and repaired by a mechanic.
* Oil Pressure Sensor Failure: The sensor itself might be faulty, giving a false reading. This is less likely to cause immediate engine damage, but it still needs to be addressed. A mechanic can diagnose this with a pressure gauge.
* Wiring Problem: A short circuit or broken wire in the oil pressure sensor circuit could trigger the warning light. This is less common but still possible.
* Failing Oil Pump: As mentioned above, a failing oil pump is a major problem leading to low oil pressure. This requires immediate professional attention.
What to do if the oil light is on:
1. Pull over immediately and turn off the engine. Continuing to drive can cause catastrophic engine damage.
2. Check the oil level. If low, add oil (the correct type and amount) and carefully monitor the light. If it stays on, proceed to step 3.
3. Do not drive the car. Have it towed to a qualified mechanic for diagnosis and repair.
Ignoring the oil warning light can lead to a very expensive engine rebuild or even a complete engine failure. It's always best to err on the side of caution and have a professional diagnose the problem.