That happened to me recently - get it fixed ASAP! Don't be a dumbass like me who thought it would be cool to drive around a few days with a loud exhaust and ended up having to get the oil pan replaced because the part that was dragging got caught in a ridge in the road while backing up, forcing the exhaust into the oil pan and puncturing it. Not only that, but I had to get the pan replaced a second time because the first one that I got from the wreckers had a hairline crack. And to top it all off, having the dealership tell me that the engine needed to be replaced to the tune of $4000 (and later retracting it saying the tech had misdiagnosed a noise after I informed them that the only way the motor could've been run with no oil was while it was in their possession) and you can see this was not a pleasant ordeal.
At the very least, get under your car and use solid-core wiring in the bolt holes of the flange to hold the front part of the exhaust to the back so that it is no longer dragging.
Black '98.0 GL V6/MTX, tints, SVT airbox (sans fender boot), stock muffler replaced with spiral racing muffler, A6 side markers, Cougar 16" polished wheels w/ bald 205/50/16 Yoko A520's, Mobil 1 5W30, Castrol SATF/Ford FM tranny cocktail, 9005 high-beam bulbs all around, re-aimed stock foglights
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