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Smoking/watery Exhaust
I have a 98 Rodeo, just purchased. Before I bought it, it had been sitting for over 2 years in storage. Previous owner not sure what maintenance/problems it has had. Knew it had a bad trans .
replaced the trans.
Now, the engine smokes like crazy. It doesnt do it at first, but after it gets hot or I step on the throttle past idle, white smoke comes out of the exhaust and water pours and drips out of the tail pipe.
I can see no evidence of oil in the coolant, or water in the oil pan.
I am thinking it has a head gasket blown, but I have read about issues regarding the IM leaking.
Which do you guys think the problem is?
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