Ok so I have a 4AGE Blacktop in an FXGT. It's been running like shit so I got a compression test today. Three cycliners are at 200 and one is at 130. We then did a leak down test and found massive leakage out the exhaust system on this one cylinder.
What should I do next to fix this problem without spending too much money on it? It's just a daily driver thats gets thrashed now and again so I don't care too much about it but I just wont it running well and efficiently.
I've been given a ball park figure from a mechanic of $1000 to replace the head with another one thats been checked. He said I may as well replace the rings while it's opened up.
What are the other options or suggestions?
BTW what would have caused this problem on one cylinder? (The base timing was way out when I bought it?)