I recently purchased my first FSJ, a 1974 Grand Wagoneer, 3 speed auto, 401 with Quadra-trac. It runs and drives great, but coming off the fuel, particularly going down hills, it’ll just puff out bluish smoke. I thought it was engine oil at first, but the transmission fluid level keeps dropping while the engine oil stays slightly more consistent.
I would like to be able to fix it, but I’m not totally sure where to start. Any advice is much appreciated.