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I just bought my first Diesel, it's a 1989 E350 ambulance with a 7.3, and 104,000 miles. I had the engine cover off this weekend, and was surprised to find a "remanufactured dealer engine" sticker on the valve cover, and the engine looks new, not any dirt or dust anywhere.
I took it for a cruise, and it runs flawlessly. But, I noticed when idleing, the oil pressure drops to almost zero on the stock gauge! But the engine still sounds fine. If the oil pressure was dropping that low, wouldn't I hear a bunch of clatter(even worse than normal for a diesel) like a gasser does? The engine idles great, but the oil pressure worries me.