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  1. #1
    Join Date
    Dec 2005
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    Maryland
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    Default $5000 budget Mustang











    Been posting this car over at Musclerides,thought I would try over here.I bought a 66 Mustang fastback out of a junk yard for $400.Thought I would challenge myself to building as exotic a g machine as possible for $5000.So far Car $400,Dana 60 truck rear with 410's and powerlock $75,Housing ends and axles $375,c5 susp. and truck arms Ebay $600,frame $400.Wheels 18x12 and 18x10 Ebay $900,traded some stuff for some tires.thats $2750.for the car and rolling chassis.I'm recycling everthing,flaring the old fenders and quarters for the additional width.My delema:I got a 4.6 2cam and 5 speed with wiring ass. etc off Racingjunk for $750.I don't think it will meet my power wants at 280hp.It seems like you have to supercharge these things to get any real power out of them,and that would kill the budget.I think I could sell it and make some money and put it towards maybe an ls1 and easily hit the 400hp mark,much cheaper.Should I keep it all Ford? its already got a c5 suspension in it.What to do???Ron





  2. #2
    Join Date
    Dec 2007
    Location
    Gilroy, CA
    Posts
    335

    Default

    How much rust is on it for $400 dollars lol?
    1969 Chevelle
    www.creationsultd.com

  3. #3
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    Dec 2005
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    Maryland
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    Plenty,thats why the chassis was built floors where nonexistent,but I always loved that body style


  4. #4
    Join Date
    Feb 2007
    Posts
    41

    Default

    Cool thread, I love the idea of seeing how far you can get for $5000. Are you going to try to do body and paint within that price, or are you just aiming for a complete drivable vehicle. That year of Mustang is one of my favorite body styles, it sounds like you are off to a good start. I think if it was me I might try to sell the 4.6 and look for an old ford truck (mid to late 70's) with a 390ci, yank that out then part out the rest on ebay. With a little luck you might get enough to cover a rebuild kit. That might not reach your 400hp goal, but they definately had lots of torque. Like I said before I think this is a great project just to see what is possible...if a guy can trade his way up to a house by starting with a paper-clip, who knows how far you might get. Best of luck!

  5. #5
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    A gallon of bondo is cheap,I've got some old paint around from previous projects,maybe I can come up with enough to squirt it.I really want to stay with EFI on the engine.I've got a bunch of computers and wiring laying around for the LS1 stuff,enough to make it run anyway.I would rather keep it all Ford,I just don't know anyway to get a 4.6 to 400HP without spending a pile of cash,I'm open to suggestions though.I guess the budget is going to win out in the end.Ron

  6. #6
    Join Date
    May 2006
    Location
    Chicago Area
    Posts
    198

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    Look on Ebay for a 5.3L setup with a 4L60e or T-56.
    I think Ford's motors suck personally. Took them all the way til 2005
    to finally get a NA 300hp......that's embarrassing when LS1's
    had almost 350hp back in Fbody's in 1998. (underrated)

    Like ya said, it's already got a C5 suspension in it, so it's already *******ized a lil bit.
    Unless you plan on ripping it out to go ALL original and sell it for some big dough,
    Put a real motor in it.

  7. #7
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    May 2004
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    Dallas, TX
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    863
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    The LS1 is tempting...from a budget and hp perspective it is the obvious answer. Throw in the EFI mandate and the fact that you already have LS1 stuff and now it is really a no brainer.

  8. #8
    Join Date
    Feb 2006
    Location
    Brampton, Ontario, CANADA !!
    Posts
    347

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    If you want to keep it Ford powered, and get 280 rwhp on a budget, just start with a 5.0 pushrod engine. Lots of cheap new and used speed parts out there. With decent heads and cam, that power level is easily surpassed.


    cheers
    Ed N.
    Ed Nicholson
    73 VW Super Beetle "Sports Bug"
    95 Taurus SHO 5-speed -- new open-track beater

  9. #9
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    Dec 2005
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    Maryland
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    I don't know alot about Ford stuff,that is really my problem,but to get to 400 Hp,I think you would have to spend more then $1500.even with a 5.0. I can pick up a 6.0 truck motor and put a used cam and intake on it and hit that mark within my budget,but I don't have a trans.the trans will get the budget back out of whack.My only hope is that I could sell the 4.6 and 5speed and make enough to buy a motor,then I could swing a trans in the budget.Quite a delema.Ron

  10. #10
    Join Date
    May 2007
    Location
    Houston, Tx
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    2,264
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  11. #11
    Join Date
    Sep 2007
    Location
    Hampton Bays NY
    Posts
    339

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    Put a 150 shot on the 4.6 and run it till it dies....lol. At least it wil keep you in your budget.
    Vinnie Allegretta
    A Winner Never Quits...A Quitter Never Wins
    www.fquick.com/vinz68

  12. #12
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    Dec 2004
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    Beaufort , NC
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    A good junk yard 5.0 HO will cost about $600 maybe less if you look.
    I would rather have a stock 5.0 in it for a while than a CHEVY!
    Pick up a MK3 Lincoln 429 for cheap they came with 365hp,a cam/intake swap will put it over 400 easy.
    1970 Mustang Sportsroof

    1931 Model A Traditional hotrod

    1928 Model A Sport Coupe

    1992 Lexus SC400 250K mi. and going strong!!!

    1992 Lexus SC300

  13. #13
    Join Date
    Sep 2005
    Location
    Elizabethtown pa
    Posts
    92

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    On ebay there are t3/t4 turbos for $200 each they also sell the flanges for them to bolt to. You may be able to swap the manifolds from right to left and flip them over make some adapters to the turbos. If you cant flip the manifolds buy the cheapest set of headers you can find, cut them up and make them work. You should be able to hit your mark.
    Nate Kauffman

    "She sips nitro with phase 4 heads, 600 horsepower through the wheels, shes meanness set to music and the bitch was born to run." Mad Max

  14. #14
    Join Date
    Jun 2007
    Location
    Dayton Ohio
    Posts
    1,279

    Default

    Quote Originally Posted by 57hemicuda
    A gallon of bondo is cheap,I've got some old paint around from previous projects,maybe I can come up with enough to squirt it.I really want to stay with EFI on the engine.I've got a bunch of computers and wiring laying around for the LS1 stuff,enough to make it run anyway.I would rather keep it all Ford,I just don't know anyway to get a 4.6 to 400HP without spending a pile of cash,I'm open to suggestions though.I guess the budget is going to win out in the end.Ron

    no bondo please if you use filler get some rage thats some good stuff along with duraglass
    2004 Chevy Colorado ZQ8 Crewcab
    2008 Chevy Trailblazer SS AWD
    1968 Pontiac GTO

    GTO Project http://www.pro-touring.com/showthrea...-The-Great-One
    Colorado Project http://www.pro-touring.com/showthrea...cab-CodeRedZQ8

  15. #15
    Join Date
    Apr 2005
    Location
    gainesville ga
    Posts
    177

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    Quote Originally Posted by BLACK BETTY
    On ebay there are t3/t4 turbos for $200 each they also sell the flanges for them to bolt to. You may be able to swap the manifolds from right to left and flip them over make some adapters to the turbos. If you cant flip the manifolds buy the cheapest set of headers you can find, cut them up and make them work. You should be able to hit your mark.
    AMEN!!! You can build a turbo setup for cheap!!
    Shaun McCarthy
    68 camaro

  16. #16
    Join Date
    Oct 2004
    Location
    St.Anne Il
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    this is a cool project to follow ..good luck Ron i say do the 5.0 on some juice..!!
    Darrin Stalnecker
    1969 Camaro Convert full pt project
    1969 Camaro Z28 ?
    1973 Camaro RS "project dreamsicle"
    1971 Camaro
    1971 Camaro RS
    2002 Corvette M6
    1966 C10
    http://www.fquick.com/dropit69

  17. #17
    Join Date
    Feb 2007
    Posts
    41

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    Some inspiration...now you just have to find some guy who will let you drive his souped up Nissan and wreck it so you can salvage the drive train...lol Seriously though, if you can find an engine and trans cheap enough that will give the performance you want... use it, who cares what make it is! By the way, I think I can see a couple of welders (Mig and Tig perhaps) as well as a torch and lots of other essential build it yourself tools in your posts...why not try welding in patches for the panels. you could just cut them from a donor fender and pound them to shape, then weld them in. You can allways smooth it out with filler afterword and it would have to last longer. I know I am getting way ahead of your build, but what colors are you thinking?

  18. #18
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    Dec 2005
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    Thanks for all the input guys.Nitrous is always cool Vinnie,but I want 400 naturally aspirated HP,I'll probably squeeze it anyway,because I can take the nitrous off another car.The turbo idea crossed my mind,but after seeing poor Scott's Grand National run autocross at RTTH,by the time poor Scott got the thing to spool up,it would start blowing the tires off,then he'd have to get out of it for a turn,it just seemed too unpredictable for autocrossing.I've got some feelers out for maybe a junkyard 5.4 4cam Navigator motor,but the cams are a $1000{4 of them}.There are alot of 4.6 Mustangs that are flying,but they're not doing it cheaply.I've still have alittle time to make my mind up,I'd really like to keep it all Ford,but I know what I can do with the LS1 and I've still have some LS1 junk laying around from previous projects.Thanks for the help guys.Ron

  19. #19
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    Dec 2004
    Location
    Beaufort , NC
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    Quote Originally Posted by VF101_jay

    you could just cut them from a donor fender and pound them to shape, then weld them in. You can allways smooth it out with filler afterword and it would have to last longer. I know I am getting way ahead of your build, but what colors are you thinking?
    No offence but Patch panels for these cars are way cheap to just crap them up.
    1970 Mustang Sportsroof

    1931 Model A Traditional hotrod

    1928 Model A Sport Coupe

    1992 Lexus SC400 250K mi. and going strong!!!

    1992 Lexus SC300

  20. #20
    Join Date
    Mar 2005
    Location
    Jackson Ms
    Posts
    1,225

    Default

    keep it ford. 280hp would be ok for starters then you can mod it later.
    Chris V
    SOLD


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