My 1985 240 has high miles, so maybe this is a belt problem, but I don't know. Smoke comes from where the crank shaft (I don't even know if I'm using the right terminology here) goes forward to meet the belts - toward the front center under the hood. It's most noticeable when first running after car has been sitting for a while.
Belts look okay to me, but I really don't have a clue. There's no screaching sound, but I do hear a fluttering sound which is also noticeable when first starting up, then goes away. Both symptoms seem to have started around the same time. Wonder if these are related.
Any ideas, anyone? Thanks so much for imput.