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    1. #1
      Join Date
      Dec 2005
      Location
      Maryland
      Posts
      1,859
      Country Flag: United States

      $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
      334
      How much rust is on it for $400 dollars lol?
      1969 Chevelle
      www.creationsultd.com

    3. #3
      Join Date
      Dec 2005
      Location
      Maryland
      Posts
      1,859
      Country Flag: United States
      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
      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
      Join Date
      Dec 2005
      Location
      Maryland
      Posts
      1,859
      Country Flag: United States
      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
      179


      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
      Join Date
      Dec 2007
      Location
      New Hampshire
      Posts
      12
      Quote Originally Posted by Aceshigh


      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.
      Whatever...No one bought them! thats why Chevy cancelled the those things! I have Chevy guys calling me to buy my 88 LX to put there Chevy motor in it, people love em.
      Chevy has always had more HP than Ford, it doesn't matter, I think Ford outsold FBody 3 to 1.
      Since the aftermarkettook to the 5.0 like a fish to water. There are as many head choices as there are for a small block chevy. Actually you can make more cu in with a strked 351 Ford than a 350 chevy!

      The car looks great, that engine can't be cheap though.

      Good luck
      Ken
      Rock & Roll!

    8. #8
      Join Date
      Dec 2005
      Location
      Maryland
      Posts
      1,859
      Country Flag: United States
      Picked up a ls1 longblock in peices for $300,c5 mounts$100,traded f body oil pan for vette pan and vette assesories.cam $329,valve springs $170.Head gaskets and bolts$100.Thats about $1000 out of pocket.I have several PCM's that I had tuned when I ran the Hemi in my Cuda off LS1 stuff http://mysite.verizon.net/ls6ron/ I have lots of misc. LS1 parts already. Also have a 68 Camaro with a LS1.I'm real familiar with that system and have done at least 10 of the harnesses now.I see no reason i can't get to 400 RWHP.The real problem is a trans that will hold up, on the cheap.Ron

    9. #9
      Join Date
      May 2004
      Location
      Dallas, TX
      Posts
      864
      Country Flag: United States
      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.

    10. #10
      Join Date
      Feb 2006
      Location
      Brampton, Ontario, CANADA !!
      Posts
      347
      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

    11. #11
      Join Date
      Dec 2005
      Location
      Maryland
      Posts
      1,859
      Country Flag: United States
      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

    12. #12
      Join Date
      Jun 2007
      Location
      Dayton Ohio
      Posts
      1,283
      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

    13. #13
      Join Date
      May 2007
      Location
      Houston, Tx
      Posts
      2,200
      Country Flag: United States

    14. #14
      Join Date
      Sep 2007
      Location
      Hampton Bays NY
      Posts
      338
      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

    15. #15
      Join Date
      Dec 2004
      Location
      Beaufort , NC
      Posts
      1,849
      Country Flag: United States
      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.
      1968 F100 sb full vic chassis swap
      1965 Mustang coupe 347 5 spd cheap touring SOLD
      2003 Porsche 996 Outlaw LS2 swap SOLD
      1992 Lexus SC400 daily SOLD
      1966 Porsche 912 Outlaw SOLD
      1968 Ford F-100 sb SOLD

    16. #16
      Join Date
      Sep 2005
      Location
      Elizabethtown pa
      Posts
      92
      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

    17. #17
      Join Date
      Apr 2005
      Location
      gainesville ga
      Posts
      177
      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

    18. #18
      Join Date
      Oct 2004
      Location
      St.Anne Il
      Posts
      3,924
      Country Flag: United States
      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 pr
      2007 Corvette Supercharged
      1968 Camaro LS1 T56
      http://www.fquick.com/dropit69

    19. #19
      Join Date
      Feb 2007
      Posts
      41


      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?

    20. #20
      Join Date
      Dec 2004
      Location
      Beaufort , NC
      Posts
      1,849
      Country Flag: United States
      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.
      1968 F100 sb full vic chassis swap
      1965 Mustang coupe 347 5 spd cheap touring SOLD
      2003 Porsche 996 Outlaw LS2 swap SOLD
      1992 Lexus SC400 daily SOLD
      1966 Porsche 912 Outlaw SOLD
      1968 Ford F-100 sb SOLD

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