There is nothing that specifically limits you from
running a V8 in a 4 cyl car without any changes. However, you will
likely be riding in an unsafe car and breaking the rear end eventually
as well.
The chassis is identical, with a few exceptions: The brakes,
the drivetrain, and the shocks/springs. I will cover all three.
The rear end mounting points for the 8.8 and the 7.5 rear end are identical.
As a matter of fact, the axles, drums, and all brake hardware are
interchangable. The only thing you need is the axle housing and the
differential. It is much simpler though, to just buy an 8.8 out
of a junked car and install that.
The front suspension is a little more
difficult to change over, especially
since noone I asked was sure of what interchanged and what doesn't. Here
is what is the same: The tie rod ends and the lower ball joints are
identical (even though the parts stores list two part numbers for the
tie rod ends and charge more for the V8 one). I called TRW and they
confirmed that their tie rod ends are packaged with the same production
number, but that parts stores label them differently to get more money
for the V8 end. Anyhow, if you want to install GT brakes, you need new:
rotors, bearings and seals, spindles, calipers, pads, brake distribution
block, and master cylinder. You do NOT need to change: tie rod ends,
ball joints, sway bar (although the V8 Mustangs have a fatter bar) or
anything else. The front strut mounting pad on the V8 is skinnier, and
a spacer plate available from Monroe is needed to use your 4 cylinder
struts. However, since you have the front end apart, it is in your best
interest to chage the struts/springs since you have them accessible.
If you are changing to 5 lug rotors instead of 4 lug, all parts are
identical, except that you should use 1986 SVO rotors instead.
The tachometer from a 4 cylinder will
read double the actual RPM's
if you use it with a V8. The older style dashes (79-86) had a settable
tach. This is no longer the case. You will need a tach out of an
87-93 car. While you're at it, grab the 120 MPH speedometer too.
NOTE: 87-89 and 90-93 used differently wired dashes. Unless you
are good at rerunning wires (it can be done), make sure you get one from
the correct era.
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