high milage streetka?

[jackos]

hi

just brought my daughter a 54 reg streetka.

It has suposed to have done a genuine 27k. The seats and stuff seem to indicate this,but the engine smokes when started cold and a little bit when warm.

I have had a compression test and all silinders are spot on,but it has been standing for a while,so they say.

I have been told it may be the rubber valve seals?

Any one had this before or any ideas

many thanks