In January I picked up a running, decent-ish shape '93 Volvo 960 wagon for $1k.
After putting a few hundred into some tune-up parts, I tried to get it to pass DC's smog only inspection. No go.
I also tried to rallyx it a few times. This ended up with either Secret Agent levels of smoke screen, or Secret Agent levels of oil slick from the engine bay.
"Oh, that's not good.." (only seeing about 1/3rd of the smoke)
Smoke was from oil ingestion through PCV. Oil slick was from blocking the PCV to the intake, which forced the dipstick to pop from the tube and make it's best impression of a pressure washer.
I did compression test when I swapped plugs shortly after purchase. #2 was low. That, combined with above, points pretty clearly to me to a ring issue in that cylinder. I'm open to any other ideas on what's happening, but I haven't been able to come up with anything else.
So now I need to decide what to do. I'm not super attached to the car, other than that I've done a bit of maintenance and went through the trouble of mounting a set of rally tires to junkyard volvo alloys. It was SUPPOSED to be my backup car to play with at rallycross while I finished my e30 engine swap, but that's done now.
Scrap it? Spend a few hundred on a hone and re-ring? I don't have much time, nor desire, to do major wrenching on this thing, so crazy engine swaps are out. A 2jz-ge would bolt up fairly easily due to using the same toyo trans, and I see them often enough in the yards, but all the fussing with electronics/management that would entail is more than slightly deterrent in this case. I don't remember seeing whiteblock six cylinders, especially the RWD ones which only came in 960's/S/V90's.
Is spending the few hundred on a gasket set, t-belt stuff, headbolts, and rings a bad idea? I've never done a hone, or lower engine work before so this both interests and scares me. How bad is it to just remove the rod/piston together to do the rings and then just replace with the same bearing? Make more sense to do all, or just fuss with the one low cylinder?
I'm not thrilled to wrench on this a bunch, but I've already sunk enough into it, I'm hesitant to cut my losses scrapping it.
what say ye? also, you get a cookie for following along this far.
thanks!