96 850GLT, unknown mileage, has been drinking oil since I got it. Also seems to drink coolant. I just keep adding both. However, lately I noticed a creamish sludge on the dipstick when the oil was low (yes I am a moron and didn't keep an eye on it). I assume its moisture. Now see a bit of smoke on startup but goes away.
Am I screwed???? Anything I can do? I am using valvoline 10w40 high mileage already. Was considering using something like a bars leaks engine repair to help with the moisture and hopefully leaks, but I REALLY don't like putting stuff into my engine besides oil. Other thought was something like Marvel's since I saw the cream crap.
I really don't know what to do but need to do something ASAP since I need this car reliable for my family and really don't have the money to buy a new car at this point.
Thanks everyone in advance for any and all help/advice






