It is a '92 Subaru Loyale with 173,000 miles. It has been burning a lot of oil. A quart per 300 miles.
Any idea why this is going on? How many miles does the 1.8L engine have left on it?

 

Probly either rings or bad valve stem seals, oil could be leaking through and getting injected right into your engine

 

I doubt it, but it could be a cracked block.

 

I think I will just leave it the way it is for now and if it ever really blows up, put it another engine. Right now it is drivable.

 

My car did this, too. I've known a few subies that have had this problem. Luckily my car was still under warranty.

The nice thing is, you can drive with it like that, just keep checking the oil and adding more oil every month. Not fun but well cheaper than buying a new short block (which is what you'd probably need to fix it).

 

Does your car puff smoke from the tail pipe? what color?

It doesn't appear to, I've never noticed. But I will double check to make sure.

 

No puddles but right after the car is parked, there is some smell coming from under the hood, like something is burning.

 

.... long-term solution quickly

Quickly? Are you saying it doesn't have much life in it?

There is a number of long-term solutions. One of them is to install another 1.8L engine in it.

It drives pretty good, no noticeable effects. Just keep adding oil every other day.

P.S. It has a new transmission and good body without rust.