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any engine that is cared for even a little can last a long time. my dad had a buick century for 470k and it still ran when it was donated to chairty.
i woudl say if it starts up good and has no clunks, rattles, or oil smoke you are in good shape. i wouldn't push it as a build up without freshening the engine and trans first, but for a cruiser or long term project i woudln't have a problem with it.
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