Hi all, I recently (last week) bought a 1990 740 GLE wagon with the 16 Valve DOC engine and 112K miles. I'm gradually checking things over. Facts: 1. It runs very well and the first tank of gas showed 22.4 mpg. (I realize that it takes several tanks to find an "average". 2. It passed it's licensing emissions test in Seattle in April with no problem. 3. After the first tank I looked at the air filter and found that it was almost impossible to see daylight through it. Replaced it immediately. hopefully that will help the economy. So much for all that. Today I decided to have a look at the plugs. What I found was liquid oil in the cavity surrounding the plugs. Number 1 had the most (enough that I was able to suck it out with a small (1/4") neoprene hose. Number 2 had much less and the others even less. Possible sources ? 1. I feel that there's too much oil in the engine to begin with, it's above the line. 2. Could it be a leaking valve cover gasket ? All the best, Perk (:>)