I agree with the others on the leaks and to just keep your eye on the levels.
Ex. My mustang started leaking at 140K and been adding oil ever since. 219K now, and all I do is keep a pan under the car and mop it up once in a while. $20 for oil a year is cheaper than a couple hundred dollars labor for replacing gaskets.
Heck I'm just waiting for the head gaskets to go at some point, then I'll rip the motor apart.
But leaks are no fun and should be addressed, but you also have to look at the big picture.
With that many miles on the motor, say you do in fact fix the leaks.
What's to say another issue comes up a couple months down the road and your ripping the motor apart again. $$$
Plus when you start taking off parts to change the gaskets, I'm sure all the rubber hoses and other connections will be hard and brittle possible adding to more cost of those replacments.
If you do in fact think your keeping the vehicle for many more years to come, then maybe you might consider new gaskets. Only you can make that decision.
Last edited by LX302
on October 23rd, 2010, 6:57 am, edited 1 time in total.
Original owner of these vehicles:
'87 Ford Mustang LX 5.0L Hatchback 246,000 miles
'98 Ford Taurus SE 24V 115,000 miles
'05 BMW 330i 127,000 miles
'05 Mazda Tribute s AWD 117,000 miles