So my father bought a Lionel ZW at a local auction for 5 bucks untested. I pulled the top off it, everything looks good, rollers good.
Hooked a multimeter up to it and rolled the handle. 0 to 22 volts. Same for all 4 varying 1 or 2 volts between them.
Hooked up to a piece of track with a lighted caboose on it. Immediately the red light comes on and no power to the track, this is for all 4 throttles. Nothing wrong with the track caboose or wiring hook up as I can use my other ZW and it works fine.
Any thoughts on what could be wrong with it?