I had the same sounding problem with one of my '89 550's, it turned out to be the locking washer for the flywheel nut. I know your engine is different but the flywheel area should be damn near the same still and i have heard of this problem for a long range of year's. Pull the flywheel cover off (where your starter bolts up to) and your flywheel will be right there. In many occasions the flywheel lock washer tab breaks and the nut backs off and jams itself into the case.
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