Valve guides and seals and rings not seated or bad ring lands or carboned up oil ring returns or deep scratches in cyl walls (that never will seal) or a bad turbo or a combo of any of these but I dont think this has a turbo? These are the only things that can cause oil consumption (besides an obvious leak) they are the only things lubricated that also have a combustion chamber on the other side.
Smoke does not necessarily mean there is a major problem with a diesel especially an old design like these. It may well be ok just needs more hours and a re-check of all the adjustments and maybe some fine tuning of the injectors and timing. my .002
edit: fwtw you could see my smoke 1/2 mile away when I am tilling my garden she gets on right after the smokin and I dont mean maybe!
(I would think it has all new everything for what it cost to build it but that remains to be seen fwtw)
Smoke does not necessarily mean there is a major problem with a diesel especially an old design like these. It may well be ok just needs more hours and a re-check of all the adjustments and maybe some fine tuning of the injectors and timing. my .002
edit: fwtw you could see my smoke 1/2 mile away when I am tilling my garden she gets on right after the smokin and I dont mean maybe!
(I would think it has all new everything for what it cost to build it but that remains to be seen fwtw)
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