Time for a new mechanic. 1992 is second generation VRO, very reliable. #1 as long as your alarms are working... you'll know if the VRO fails (unlikely) #2 if in the unlikely event there is a failure the usual failure mode is to inject MORE oil. #3 if your alarms are not working your more likely to blow the motor up by overheating it.
Make sure the carbs are clean and burn good gas... that thing will run forever.