Oil Leaks, Everywhere
Symptoms
Oil weeping from the valve cover gasket, oil filter housing gasket, oil pan gasket, rear main seal, and front crank seal. A high-mileage M20 will have oil residue on virtually every surface.
Cause
Cork and rubber gaskets degrade over 30+ years. The M20 uses a variety of gasket materials, and all of them fail eventually. The oil filter housing gasket is particularly notorious, it's a large O-ring that hardens and leaks oil onto the exhaust manifold, creating smoke and a fire risk.
Fix
Reseal the engine systematically.
Replace all gaskets and seals in one session rather than chasing individual leaks.
The oil filter housing gasket is the most urgent (fire risk).
The valve cover gasket is the easiest to do.
The rear main seal requires gearbox removal.
Cost for a full reseal: $300-600 DIY, $800-1,500 at a workshop.
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