Engine Oil Loss

[gottaapicnicortwo]

:ffs: Hi all newbie here,

can any one give some advice, i own a 98 picnic with 40thousand on the clock,

yestrday whilst driving down the m5 the oil level warning light came on, so pulled into services checked oil it was low so topped it up, 40 miles on there was a clatter sound the oil level light came on then smoke from exaust pipe, pulled over quickly , got rac to bring me home, now then:-

1.What damage has been caused

2.why has this happened with 40k on clock (genuine)

3.how much you reckon to fix it & do i use toyota to do this?

Thanks for any help

i thought toyota's was built to last

Dave