Bought my first mustang back in April. Beautiful Arizona black n gold 1984 Mustang GT convertible with stock 302 HO. Almost 0 rust anywhere, and a fresh paint job. Previous owner put a holley 750 mechanical secondary carb on it (vastly oversized), but I still have the factory 4180. After owning it for a few months and only taking it out once in awhile, I noticed water in the oil. I did a compression test and found that I have only about 75 psi in any cylinder. The car never was a powerhouse, now I'm wondering what I've gotten myself into. I'm currently in the process of tearing the heads off (just got intake off), to check the heads n cylinders out. Any thoughts what I may be in for? I noticed that I had puddles of antifreeze on top of my intake. Any tips would be appreciated.
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