I JUST GOT A 1996 850 TURBO AT A AUCTION FOR $925 DOLLAR IT HAS 200000 MILES ON IT THE WATER PUMP WENT OUT ON IT AND THE TIMING BELT IS OFF CAN I GET SOME ADVICE DO YOU THINK I HAVE A BAD MOTOR. I KNEW THE TIMING BELT WAS BAD BUT WHEN I SAW THE CAR AND HOW CLEAN IT WAS (NO DENTS GOOD PAINT NICE WHEELS) I JUST HAD TO GET IT. THANKS TO ALAN JONHSON FOR THE WEB PAGE.

 

Very likely that you have a few bent valves. Remember to mark and tag (maintain original order/location) cam towers/bearing caps if you decide to take things apart.

 

Yes you will have bent valves.
The head is pretty easy to get off.
The Valves are a little expensive but if you got the car cheap then it will be worth it.