Our 7.4 ltr Merc has milky oil. We were out last weekend and the power steering pulley broke which caused the engine to overheat. We had the pulley replaced. We had to drive the boat to the loading dock to trailer it home. We noticed after we got it home that the oil was milky. We drained the old oil and put synthetic oil in. Without starting it up, the first dip with the dip stick pulled milky oil again. We are not sure what to do? If this is maybe a head gasket, or if in the spring when we launched the boat, the drain plug wasn't in and the motor compartment filled at least half way up the motor. Luckly we trailered it and got it dried out, however, we never checked the oil at that time. Could it be possible that the milky oil could be caused by the drain plug incident and it isn't a bad head gasket? If so, how can we tell? Do we keep changing the oil until there is no milky oil residue?
Appreciate any help..Terry
Appreciate any help..Terry