if you're looking for something new it won't be cheap
http://cgi.ebay.com/ebaymotors/FORD-...spagenameZWD1V


i've seen 03-04 cobra 4v's going for over 10,000

 

Try www.car-part.com or ebay for the engine. You will be very lucky to find a Terminator engine for under $7,000

 

I think you should stand on the shoulders of others and not try to reinvent the wheel. If I were you, I would contact this guy

Hey, Red3, over here!!!

and find out exactly what he went through - what went right, what went wrong, things to avoid, things he wished he's done - that sort of thing. It's doable (lotta work or lotta money or both!). What's your budget?

Engines can be found in many different places, but as you can see starting with eBay is not a bad idea at all. What you can do is find one on auction, then call the place and get a sense for their professionalism and level of knowledge. There are a few very credible Mustang parts sources on that site.
Good luck!

 

hey man.... go to the website www.stangparts.com they usually have motors and trannys and anything else you might need for your project. recently they had a complete package to convert your stang to an 03/04 cobra. the motor,trannny,driveshaft,ecu,EVERYTHING.... good luck with your beast. and GOD SPEED on your "trip" to iraq.

 

yea, i knew about stangparts. the other sight i found an 03 with 1,000 miles 6 month warranty for 5 g's. its greenleafauto.com or something similar to that. thanx for the god speed on my "trip" but believe it or not i am very proud of what i do and this will be my 2nd time. im ready to go and lookin forward to killing as many insurgents as i can. i do have a combat mos btw ha ha.

 

just pull a couple spark plug wires if you get in a wreck, it'll probably trick them

 

dont have spark plugs on my vehicle. ha ha. im a tank crewman.

 

i know its unrelated but what is your MOS? i was 63E20H8 or M1 mechanic with recovery specialist but practiced a 92A or supply clerk for a motorpool (like radar on mash lol) but with a SF tab on my sleeve. wouldnt trade those days for anything.....

 

im 1812. m1a1 tank crewman. marine corps. yea, i dont know if im gonna let these days end. i love my job and i love going to iraq so that all of yall can drive mustangs a lot nicer than mine everyday. im thinking about re-enlisting and i cant wait to go back to iraq, do my fighting, make my money, come home and do this crap to my car!!!!!