I believe that the champion 400 does not hold oil .... ive got 2 of them one is working in my shop the other is dissasembled to replace the bearings (they were wiped out bad) as far as i can tell there is no oil seal ... i know some guy posted on ebay blog about haveing seal but i think he was mistaken... if it runs freely i would put oil on the bearings and oil the gears thru the oiler (if its still there)...ive read that the bearings are available for these but i havnt gotten to that point yet .
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