Last Monday AM the temperature was minus 16 F here in Western Ma. I did not even consider trying to start the 1850 BX. It is not that it would not start. It is just very hard on the engine without a pre-heater. There is a lot of rotational torque/drag on the main and con-rod bearings. Also a lot of fuel wash on the cylinder walls and rings. At least I run full Synthetic which does help at start-up.
It lives in an unheated shed. I did need to plow on Tuesday when it was a balmy Zero. From 40 degrees to freezing I usually use about 15 0r 20 seconds of Glow Plug. Once it is down to zero I use about 20 to 25 seconds. It rattles a bit and puffs some black smoke but it does start.
It is easy to tell if you do not preheat the engine with the glow plugs long enough. The engine should turn over at a reasonable speed but the engine does not fire, just sputters a bit. At minus 10 F or so I use a full 40 seconds of glow plug. That seems to work OK. Running the glow plugs at this extreme temperature also has the added value of heating up the battery a bit as the current flows to the glow plugs. The warmer the battery the more power it can deliver, which is important at extreme cold with a marginal chance of a good start.
It better start, with all the snow we have.
As some one else mentioned, the clicking is the fuel pump. However, holding it in the on position, but not far enough to light the glow plug light should not cause the engine to run rich. The pump will provide fuel to the high pressure injector and then just recycle the fuel via a bypass. Not sure on the BX if the bypass is built into the pump or uses a separate fuel line to return the fuel excess to the tank. The black smoke indicates incomplete combustion. That is expected in a diesel until the combustion chamber comes up to temperature. Bottom line, If you run the glow plug for too short a time the engine will not start, and an aborted attempt may run the battery down so a second chance is not available. Too long on the glow plug will marginally shorten the life of the glow plug. This could also run the battery down so much the starter is not able to turn the engine over fast enough. Personally, I am for running the glow plug on the longer side to get a good start the first time. I have never run the battery down with the glow plugs to the point that the engine would not start. I have had that one chance to start the engine at 15 below fail because the glow plugs were not on long enough and the battery was too weak for a second try, until I hooked up a battery charger.
You will learn with time. Just make sure you have jumper cables!
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