How can I know for sure that it is just the valves? There is a lot of white smoke comming out of the tailpipe - does this help? I am thinking of this as an investment car to fix and re-sell and do not want to get in over my head.
1996 (W210) E300D 86K - Traded in for a Lexus
1992 (W124) 300D 2.5 Turbo 202K - Sold
1983 (W123) 300D, 146K - Sold
1970 280S, 263K - Sold - Beginning of addiction