Hello All. I've been lurking on the forum for a while now, and this site/forum/community of knowledgeable people is a big reason I've been interested in buying a 2002. I picked one up yesterday, so I figured it's about time I actually joined the forum. And I'm jumping in today with a request for opinions/advice from you who know more than I do.
I bought a 1974 2002 non-tii, and am looking forward to starting work on what is sure to be a long project. The car's got no shortage of problems, but since I don't need it to be a daily driver, I don't want to use a cherry car to "learn on", and the price was right, I pulled the trigger.
The good:
Solid shock towers and inner rocker panels (as far as I can tell by knocking through the outer rockers and poking at the inners)
Solid sills
Solid and straight panels (except for some bubbling)
Apparently solid frame rails
No obvious evidence of accident damage (although, admittedly, the paint job could hide some of that)
Starts up without hesitation
No weird/white/black/sweet smoke
All in one piece
The bad:
Cheap paint job (navy blue over Amazon Green)
Rotted outer rockers and spare tire well
Rotted lower front panel/lip
Likely head/gasket problem (see below)
Corroded clutch and brake pedal springs (both pedals stay down after being depressed)
The floor panels are apparently on their way out: solid from inside, but crumbly from below.
My first item on the to-do list WAS going to be rebuilding the pedal assembly and bleeding the clutch and brake lines. This morning, though, I noticed that the oil is milky. (I know; stupid of me not to check this BEFORE buying the car, but the seller said he had the engine rebuilt <1000 miles ago and gave me the shop's number to call for records. He also asked me to keep him updated as the project progresses.) I took off the oil filler cap, and it's definitely got a milkshakey look to it. Same story when looking inside. The coolant, though, is bright green, with no sign of oil as far as I can see.
According to the seller, the car has not been driven since October, only receiving periodic starts. My question is this:
Is there any possibility that this isn't a cracked head or blown head gasket? For example, could the car's sitting for months result in the oil discoloration?
Any suggestions for next steps?
Thanks in advance,
Matt