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I have lots of service experience with Volvo 260's and Peugeots 604's. The Peugeots didn't seem to have the upper motor oiling problems common to Volvos. The motors are the same as far as the oiling system goes. My own theory is that the Peugeots were serviced more concientiously--frequent oil changes are a must. The 264 was marketed more towards the typical American car buyer--ready to make the switch to a foriegn/smaller car but not willing to go all the way to a 4 cylinder--Who knew of the service requirements (till too late)? Peugeots are marketed to -- Peugeot owners. The weakness in the motor is the oiling to the cam/rockers and the timing chain. The passageways are tiny. If the components get oil they'll last. They don't burn valves--the bottom ends are VERY strong. Typical of French motors, you don't want to overheat them (blown head gaskets-blown lower cylinder seals). If a hose blows 6 miles from home--no, it will not make it--better put on your walking shoes or call a tow truck. If your motor doesn't have excessive valve train noise and the valve clearance is proper I'd start using synthetic oil and just drive the car. If you comptemplate making a conversion it's best to have a donor car handy. You'll need more than just the motor and transmission--radiator, motor mount brackets, driveshaft, speedo cable, etc. etc. I can't argue with the poster who suggested a V8. In my case I had the motor first (an all aluminum Oldsmobile 215 V8) and a '76 265 was the first decent wagon I came across--it needed the cams-rockers-chain and water pump. That car was on the road for 10 years-150k miles---soon to be back on the road with a 5-speed and newer body. Where are you located? I have various parts--including an A/C compressor.
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