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Bobcat 763 coolant in oil

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Hey guys I need some advice. I picked up a bobcat 763 with the kubota v2203e today for 2,500 the guy said it needed motor work and the motor knocks. I have not started it I found right away all the coolant drained down into the oil and I drained that out. What's my next step I do not have any idea how long it was like this or if there is any other damage done to the motor? New motor or full rebuild possibly just a head and or head gasket? Are these kubota motors known for bad heads or head gasket failure? The loader has 8,000 hours any help would be great thanks

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