87/88 TC Issues?
Reply #2 –
Smoking on startup, or when the car is coming down from high rpm, the aforementioned strut tower rust, 1/4 panel rust, and all the usual Thunderbird rust pr0ne areas.
Even if it does smoke, you can get a decent replacement turbo for a decent price. I wouldn't let that ruin my decision on an otherwise good car...however, you have to take the turbo off to make sure the shaft end play is not excessive, and that can be a real PITA.