Any idea on how to remove this water pump nut that just spins in place?

since the stud spins with the nut.. the threads are stripped in the timing cover..

you need to plan on a helicoil repair.. i hope there is enough material to do it..

i expect the thread size to be 8MM x 1.25.. have you done helicoils.. installing helicoils video.. https://youtu.be/4mCb5beSLNw

chances are the nut and the stud are still ok after you remove the damaged threads from being over tightened..

i would also while set up.. helicoil the other 3 holes.. for the reason that if one has pulled out. chances are the others are weakened.. since there is a big fan blade spinning on the pump .. this might save you a massive comeback..

please put long bolts in the other water pump holes.. so you can eyeball straight easier..

if your helicoil kit does not come with an installation tool.. find a nut slightly larger and run the helicoil tap thru it.. allowing you to wind the helicoil into that.. so you can hold the nut with a wrench or pliers while you turn the helicoil into the threads..

if you bugger it up.. bend the top loop of the helicoil 90 degrees and use a flat bladed screwdriver to back it out of the hole..

since there are places on the pump that create a cavity behind the pump mounting surface.. you can get a pry bar in there and pry the pump forward slightly while turning the nut and stud..

i would take the belt off so when the pump comes out the coolant does not saturate the belt if you are not already planning on replacing it..

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