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Could be both...since your vehicle is OBDII I suggest you find a reputable auto repair shop in your town that has the equipment to perform engine diagnostics. That does not mean some guy hooking up his Radio Shack code reader and obtaining the trouble codes from the vehicles on board computer. That is just the start...a shop that knows diagnostics will take those codes and with the aid of a scan tool run the trouble tree back to isolate the problem. Without doing this anyone that tries to correct the problem will basically be shooting in the dark and at the same time throwing your money at the problem to fix it. It's true after they throw enough money at the problem it will eventually get fixed, but at what cost? A knowledgable repair shop with a couple of hours of diagnostic time will find the root of the problem and get it fixed without a bunch of needless parts being installed. I wish you luck!

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Q: 1998 Linc Cont with a right bank catalytic converter code It has 130K miles Is it likely a bad converter or could it be a oxygen sensor?
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