May also be a really stretched timing chain causing the injection pump timing to be way late. If the car got regular oil changes, not likely, hopefully you have maintenance records you can check.
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Respectfully,
/s/
M. Dillon
'87 124.193 (300TD) "White Whale", ~392k miles, 3.5l IP fitted
'95 124.131 (E300) "Sapphire", 380k miles
'73 Balboa 20 "Sanctification"
Charleston SC
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