Well I guess this being my first post, I would like to say Hey to everyone. I am not a noob to auto forums, but I am to Toyota. I did search my problem and found one very similar thread, but due to my lack of experience I was wondering if anyone could help me?
I just bought an 88 Corolla GTS (I always wanted one of these and I couldnt refuse the price. I bought it knowing the car wouldnt stay running. I thought a simple clean out of the intake would fix it (worked on other cars that i had). When I pulled the intake hose off I saw a small puddle of oil inside the throttlebody. Also, previously when I changed the spark plugs (this morning) I noticed oil on the plugs.
So the problem I am having is the car will not stay running unless im holding the throttle. When I'm driving the car it seems fine, but it will stall when i come to a stop or when im turning. I tried using the seafoam spray through the throttle body.. it blew out a lot of smoke as expected, but it did not fix the stalling.
Oh yeah and im getting a hissing sound from the timing cover area as well as pressure coming out of the oil dipstick tube.
What should i do next? what do i need to get? I would like to get this going by the AM. Thanks Everyone