The engine choice really comes down to your personal preferances. If you like tinkering and changing things, and being just a little different, but going just as fast, get the 2.3. If you'd rather drop something in, and not think about ever again, get the 5.0. Both are strong engines. Up to 300hp, the 2.3 is cheap and easy, but 300hp goes a long ways in a fox body. hehe.
How much money you spend really depends on you. Most of the parts used for both swaps can all be found at a junkyard - even some performance parts (ex. Volvo intercooler) - and that helps keep costs down. As far a 2.3 exhaust, search for "exhaust" and you'll find plenty of videos, setups, etc.I've always liked the idea of have a big V8 under my mustang along with with mods down the road, so I wouldn't never think about it, but on avg. what is the cost damage? I found a wrecked mustang with a 5.0 in it for $400 so thats not a prob with finding a cheaper 5.0. What about the turbo and other expenses?
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