This morning I started my ’85 760t 207k and ran back in the house to gather a few things for work. I was in the house for no more that 5 or 10 min. When I came out of my building and into the parking structure I smelled burning oil. The smell was coming from my tailpipe accompanied by what looked like white smoke. I mildly reved up the engine and went back to the rear of the car and the smell wasn’t as strong. After I drove to work (17 miles) I checked the smell again and nothing, no oil smell and no smoke. I did, however notice when I was going up the on-ramp (turbo fully engaged) when I shirted into 4th (5 speed trans) a poof of smoke came out of the tailpipe. My brick runs fantastic. I notice no lack of power or anything like that. What am I looking at here guys? Lay this bag of snakes out straight for me. Please let me know if you need any additional info.

Thanks,
Stover
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'85 760T 207k 5-speed manual