1. What should that cost me for labor and parts? It depends where the sensor is in the vehicle and how easy/hard it is to get to. Your best bet would be to call a dealership or two in your area.2. What is the purpose of the sensor?Probably has something to do with engine combustion. If it's just the sensor, I wouldn't be too concerned.3. Would failure of the sensor cause engine pinging?Probably not. The pinging is being caused by something else.g!
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