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Heater hose connections are always a #1 suspect. They are near the block and the heat hurries their demise.
You mention that there's coolant splattered about the front of the engine bay, so I would suspect something else. Perhaps it is the shaft seal of the water pump?
On the bottom side of the water pump is a hole, 2mm dia. or so. A drip there would hit a rotating part or belt and get flung away. Air filter box, etc.
Hard to tell. Maybe a flashlight and mirror with the engine stopped? If you see that as the culprit, a new water pump is the fix. A DIY job - see FAQs and maybe archives.
Good Luck,
Bob
:>)
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240s: 1986 244GL, 1988 244GL, and 5 others.
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