After spending much time and money taking my new (2008) LC200 to mechanics and checking it out before the purchase, a week after I brought it home I get the check engine light. I turned in in the morning and got the check engine and 4LO flashing. The car would not go passed 60kph and now I'm worried.
I thought it was going to be something with the 4x4 mechanism, which I tested before the purchase, but it turned out to be code P2588 which says: The Engine Control Module (ECM) monitors the Turbocharger Boost Control Position Sensor 'B' Circuit signal.
The guy at the shop started to trace the wires to and from the turbos because from what we read for most people, it was a bad contact in the harness or even a bad contact at the plugs. We did not find any exposed wires but the connections were unplugged and replugged and the problem went away. I'm still nervous that this is going to come back because there is an underlying problem but I'm also hoping that doing all that we did took care of the problem and there is nothing else.
Not an Aussie but South African. LOL. Still south of the equator. Did you post earlier with a little smoke coming from the dip stick and oil cap? This might be all the same thing?
First check for a short in the TBCPS Sensor in the ground wire.
Second check for a short in power circuit.
80% you have a short somewhere with the wires. 15% its the TBCPS Sensor. 5% its the PCM.
Are all of the boots seated correctly? Your blowing them out with a little compressed air and inspecting them visually for debris. You are using a silicone spray on the electrical connections? They should pop on with very little physical resistance. A "pop". Also check the wires for ANY little knicks or dry rot. With a turbo charged diesel this is common not only with LC's. The LC just goes into limp mode and other brands the check engine light comes on for the most part.
Whats the history of the vehicle? Where did it live before you picked it up?