The problem with a multimeter is it takes to long to respond.
Here is the cenario. If you crank it and the light flashes than the coil is bad. If you crank it and it stays steady than the ignitor is bad.
The flash that occurs from the light is to fast for the multimeter to react. Especially if its digital. You can try it if you want. Just set it so it will read 12 volts DC . but i think the time the voltage turns on and off than on the meter wont be back down 2 zero.
The test light is fairly inexpensive. You can find one at any Pepboys, autozone or even sears. shouldnt be more than 10 bucks.
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