98 cobra problems

[98svtdroptop]

I just replaced my spark plugs, and oil was on one of them. Somebody told me I prob need a valve cover gasket? Anyways, I also have what looks like water with a oil in it coming out of my exhaust? no smoke, just fluids come out of the exhaust sometimes? I don't know much about cars, but I know that cant be good. help! lol

 

[laddanator]

Not sure about the fluids coming out of exhaust but usually oil on the plug is the spark plug grommet gone bad which comes in the valve cover set. If I take my valve covers off to replace grommets, I usually replace VC gasket as well.

 

[ZeroDCX]

Since laddanator's got your valve cover grommets covered. I'll attempt to address your "oily substance" in the exhaust. Do you notice a loss of other engine fluids? Coolant, high oil consumption, etc.

Compression/Leak down/Cooling System Pressure test would tell you a lot about the engine's overall health and help you determine what's wrong and where issues are taking place.

 

[mickeysvt]

fluids could just be water condensation till the exhaust/motor warm up