All above pretty par for the course with a D1 or RRC.
1 The oil in the valley is usually from a leaking end seal on the valley gasket or may be the Oring on the dizzy shaft. you do not give Ks covered or year, but it could mean a lot of crankcase pressure. Did you take off the oil cap when running to see if it sucked or blew? If it blew then there is engine wear. Nearly all V8s when they get to 200KK will need a new cam and lifters.
2 The clunk is pretty standard din an old D1. You have to consider that the LT230 transfer is gear driven whereas most newer designs are chain driven. The LT230 therefore has the potential to clunk more, however excessive clunks could mean wear in the gears /shafts. Was the transfer covered in oil?( silly question-of course it was) . How big a pool? more than say 30MM is probably bad.
3 You have really omitted some of the most expensive problems. Did the rear main seal of the engine leak? This costs lots as it is engine or transmission out. Did the auto shift from 1st to 2nd quickly when cold or hang on to first for a long time. This is the deal breaker as it will cost $4000-5000.
The other stuff like rusting skylights and non operational door locks are little DIY jobs
The brakes on early D1 s are quite unresponsive particularly with cheap pads which are often harder than genuine. With genuine pads they stop OK. You have not said whether it has ABS or not. This is for pre ABS. Again, new pads and discs are a bit of money but not ruinous.
Regards Philip A


. Is this usually from the rocker covers or could it be something more serious like the distributor?
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