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Originally Posted by caribeso
We have been pumping bucks into my wife's 750 for the past four years. She refused to sell it - she loved the creature comforts. Last time she took it to the shop, they said that the head gasket (s?) were blown, and the eml light kept going on. It had at times upon startup blown a lot of white smoke out the exhaust, which to me is a possible sign of head gasket. Is there a way to check this? Compression check? Is it worth it at all? The head gaskets seem to be 40 each, and 200 for the set. Is this something I can do myself or am I crazy and should sell this thing to the steel recycler? I have done head gaskets on other cars, but this thing is a bear, esp 12 cyl and all. Before this it still had that great get up and go, tho it drank oil. Now it barley makes it home. HELP!
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If the auto trans has well under 100k on it, the a/c has been converted from r-12 to r-135 and is in excellent working order, the exterior and interior are in very good to excellent shape, and the climate control works flawlessly, it may be woth attempting a fix. Unless you are very confident of the other major mechanial items, time to play taps.
Assuming the above items are ok, you could take a compression test, but unless all cylinders are above minimum compression, junk it. The compression test checks rings and valves, if the test is not good you are looking at at least a full valve job - pricey on a v-12. Even if the compression tests ok, you probably need a full set of valve stem seals to make it quit drinking oil.
In Denver we have a section in the want ads called rebuildable cars and trucks. You might find someone who wants it for the parts given you have done a lot of work.