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Go to an auto supply store like PEP boys or Advance Auto, etc., and buy a Haynes Repair Manual for the 740. You may be able to consult one at your local library for free. Even if it doesn't cover your model year, the replacement instructions are pretty much the same for all years. in fact even a 240 Volvo manual would be essentially the same. Pay particular attention to the installation instructions....you have to slide the pump on, and then rotate it a few degrees clockwise to make the upper o-ring seal. Good luck!
I had a 87 740 turbo wagon, It ran a 10.9 1/4 mile man was it fun. I hate to say that your turbo is nearing the end of its life. The only thing you can do is replace it. there are speciality shops that specilize in turbos. if you can't find one close check out a Diesel truck shop, they deal in turbos too. maybe you can have it rebuilt a little cheaper, or I can tell you how make it pass a Corvette. Good luck.
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