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I have a 84 F250 with a carbureted 460. The engine has 150,000 miles and runs like a champ! I use it mainly as a plow truck so it doesn't get much run time.
Anyway, I've been having problems with oil pressure lately. I noticed the guage dropping rather low and made a bee-line for home. When I pulled in to my driveway the engine started tapping and the oil pressure bottomed out.
After running some tests I found that the engine has normal oil pressure when started cold, and for about 10 minutes after reaching operating temperature. It then heads south from there. The engine does not knock or make any other sounds from within.
Am I looking at a rebuild? Cam bearings? Oil pump? Its odd that it has normal oil pressure when cold, or even throughout the warm up. It only drops when it reaches operating temperature.
Its getting time for a rebuild. Its sounds like your bearing clearances are getting excessive. When its cold the parts fit tighter, then when its hot the metal swells and the clearances open up, which equals loss of oil pressure.
Or if you want to patch it up, turn the crank and put some new rod and main bearings in it.
I am gonna tell you the same thing. I have a 84 460 in my 77. After about 20 minutes of driving the oil pressure would go down to about 5 lbs when at a idle. I replaced the rod and main bearings and that restored oil pressure, it wont go below 20 lbs now no matter what. The motor had 180,000 miles on it, and when I got the old bearings out they were showing a lot of copper, pretty bad.
I could just do the mains, but I think I will just pull the engine and do the mains, main seals, timing chain, cam bearings, and piston rings. I might do the clutch as well. I'm not going to mess with rebuilding the heads unless we find a problem while we are in there.
I was hoping to find a band-aid fix to get me through the winter plowing season here in Colorado, but looks like I'm out for the rest of the winter!
Well, I filled it up with 20w-50 hoping to keep the pressure up, but that only gives me 10-20 minutes or so at normal temp before it drops and starts tapping.
You could pull the engine, tear down the bottom end, send the crank out, new timing chain and gears, oil pump, stick some new rod and main bearings in it and go.
Its not my daily vehicile so I have plenty of time and a workplace. I may just turn the crank and slip in new rod bearings to get me through the plow season and then do a more thorough rebuild over the summer.
I've put together a list of parts and have found a decent machine shop to do the crank. I'll probably get started next weekend.
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