JumpinJackFlash

I graduate from engineering school next May and want to start planning a big move car wise. Right now I have a 2005 4.0L convertible (yes I have GT trim) and want to step up with the big boys to a V8. Here are some options I am mulling over:

1) Large displacement crate motor
2) Drop in a S197 4.6L
3) Drop in a GT500 5.4L
4) Sell the 4.0L and buy a 4.6L w/ supercharger
5) Turbo setup the 4.0L (least favorite option)

What do you think would be the most cost effective option. I am also taking the insurance into consideration which is why I want to do a motor swap.

The Potato

Get a crate engine from Ford Racing

http://www.fordracingparts.com/crateengine/main.asp

acascianelli

Sell the car and get a GT or GT500, or boost your 4.0L.

lrgnation

wait till you get your new job which sounds like you might make some decent cash. sell your 4.0l and put it as the down payment on a new gt500.

JumpinJackFlash

How much would a used GT vert or used GT500 coupe/vert go for nowadays?

According to KBB, my car resale value is about 20,000. I think I could get more because of the mods installed, but not really that much more.

CapitalG

mods wont drive your price up unless you find buyer who wants them . I would just wait for the 2010 mustang honestly , the release of another gen mustang would lower these gen ones even more.

Sancho805

if you wanna push your 6er, twin turbo it. otherwise, move up to a GT+.

lrgnation

I'm not sure. I think a gt500 can be had for about 45,000.

Elwood

If you can properlydo an engine swap yourself, do a swap. If it's going to be a daily driver still, I wouldn't go with a big crate engine. I'd say find a 4.6. Otherwise, if you really want a GT, go get one. It'll save you time. Waiting for the 2010 would be cool too, but keep in mind your car's resale value will drop quite a bit by then.

chain1

Your 05 v6 is worth 20k? I don't even think my 07 GT with 5k miles is worth that much.