Hi folks, hope everybody’s had a good week so far and is into their Friday evening. I looked at a 1981 308 today that started right up but puffed a little bit of blue white smoke in the process of starting. And then let the car sit for about five minutes and when I started it again there was much more smoke but it quickly cleared. No bad noises, good oil pressure, responsive throttle. From my reading here and trying to educate myself this appears to be a fairly common valve seal issue, but I’m hoping to see if that sounds right to more experienced owners and also get a sense of what that would cost to fix. I believe that this is an engine out top and rebuild, and I’m sure the while you are in their items add up very quickly. Wood $15,000 give me a decent working budget for this assuming nothing else was problematic? I am in sunny California as I know cost will vary by region. Thanks in advance for the help.