Need opinion on whether to buy or shy away...
Got an offer to buy a 2001 2500hd with 6.0 LS and 4L80E trans(2wd) its cheap $400. Problem is the drive train has 241K on it and was used as a service truck. The engine is burning oil pretty badly but otherwise seems to run ok once it is hot. It came into my shop because the transmission cooler line was leaking oil and he wanted it repaired and wanted me to look at the engine oil consumption issue. Pretty sure valve stem seals are toast. But, with 241K on the clock this thing could use a complete overhaul.
Would you buy the truck to pull the power plant out and use in a 67 SWB (obviously once its been overhauled)?
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