Right let put a bit of back ground history on the 2.6.
I purchased a 2.6 V6 Omega back in December, with a suspected oil cooler failure. I drove the car 60 miles back home with no problems.
The oil cooler was removed and pressure tested, and found to be good. As the cooler looked new, I concluded that the cooler had been replaced recently but the cooling system had not been flushed fully, and that was the reason for oil in the water.
The engine was re assembled and cooling system flushed, then the car was taken for a 30 mile test run, once again no problems where found apart from a small water leak.
The water leak seemed to be coming from the passenger side at the back of the engine, so the intake system was removed again as I suspected that a water pipe may have been damaged when moved to gain access to the oil cooler.
Even with the cooling system pressurised, I could not find the leak. As I wished to use the car the following day, I put it all back together and hoped for the best.
The next day all was fine for about 40 mile, then suddenly the EML (engine symbol) light flickered for about 30 seconds and then came on parentally . As I was on a motorway with the caravan on the back, I continued on until the services about another 10 mile then stopped. A quick inspection revealed nothing, so I started the engine again, No EML light. I spent about 10 mins playing with the revs of the engine and still no EML light came on. So off we set again, all was fine for about 10 mile, then on came the light again. As it was not having any effect on the cars running, and we had a caravan park to get to, I continued the journey of about another 100 mile.
The following day on starting the car, the light was off at first, then came on about 10 mile into the journey, and then remained on. On the return journey home the EML was on, but car seemed to run Ok. Trip comp showed 18MPG for the 300 mile round trip with caravan.
Once home during the following week the car developed a miss fire, so I suspected that the cam cover gaskets were leaking and ordered a new set. On removing the covers I found that all 6 plug wells were full of oil. Cleaned up the oil and replaced cover gaskets, EML light has now gone off and miss fire gone.
I have been using the car for work over the last week, and trip comp is showing 17MPG, I have also found that it has a water leak, which is probably the HB valve from what has been said on here, and still has an oil leak from somewhere. Oil & water seems to be dripping from back of engine but there is also oil on the front of the sump pan.
Now my dilemma is this:
I have a 1999 2.5TD manual that I have owned for 6 years, it is a great car mechanically, but the doors and rear arches are starting to go. The tip comp show around 38MPG for every day driving and around 22MPG with the caravan on the back.
The 2.6 has very good body work, but does have a few problems other than the MPG. Drivers door does not work on central locking and passenger front window does not work. I do like the more modern look of the 2.6 and the leather interior, but don't know if I can afford the low MPG.
I need a big car for towing the caravan, but could get a small run a about for everyday use and just use the Omega for pulling the caravan, but then I would be paying for 2 lots of tax ( insurance is not a problem as I have a trade policy.) and the Omega would just be sitting on the drive for most of the time.
So do I spend money on the 2.6 and sort out the problems or do I just keep the 2.5 and run her into the ground.