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Well, if the noise is coming from within the engine, it could be a piston rod. If it has ever run low on oil for an extended or cumulative amount of time - or sludge has built up in an oil port (low oil pressure), the crankshaft journal bearings will wear thin. My wife let this happen and the piston rod wound up cracking the block. Replacing a block is very expensive and time consuming. Also, there are no manuals available for Paseo's any more. However, there are forums available for Toyotas and the folks are generally very helpful. You can also look for information on a 5EFE engine.

It could be something else, but that is where I would start looking immediately.

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Q: What could be the cause of a loud clanking noise coming from 1992 Toyota Paseo?
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