I bought a 1986 ranger with a 2.3 5spd for a daily driver to try and offset the cost of gas in my current daily driver Ram. It starts and runs with a slight miss when sitting in neutral. It has a small flat spot when you accelerate with it in neutral but seems to accelerate ok.
I have checked the TPS and it is functioning correctly and sweeps smoothly from .99 - 5 volts when you accuate the throttle. I have done a full tune up including cap, rotor, plugs and wires, air and fuel filters.
I also replaced the EGR Valve as it was bad.
The truck still doesn't run right. When I get in it and drive it it seems like it has absolutely no power when I shift from 1st to 2nd.
I pulled the new plugs out and #1, #2, and #4 look fine and are still clean. #3's porcelain is black.
This led me to do a compression test.
#1 - 165
#2 - 160
#3 - 120
#4 - 155
With #3 being so much lower, how do I determine if its a rings issue or a valve issue.
Also it seems that there is fuel in the oil. It seems really thin and I can't tell if it smells like fuel or exhaust.
Any ideas on what could be wrong?
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