I've thought about building one of my extra 2.3 T engines up as a mileage motor. I'm getting around 20-21 mpg in the SVO on my 70 mile round trip commute that is mostly freeway stop and go. I'd shave the head to get to 9.5-10:1 CR, put on an IHI turbo that I can get for about a $100 used (although I currently own one, I put the number in there for informational purposes) and then blow on it not more than 4 to 5 psi. Then gear it appropriately. It'd be a great stop light to stop light car, but no top end to speak of. It ought to sip like a humming bird at cruise on the highway. Stick it in a lightweight early two door sedan fox body and it should be gold. The coupe is lighter and stiffer than the hatchback.
Alternatively, buy the early NA 5 speed fox body (fox body 4 cylinder autos were about the slowest Mustangs ever made) and GENTLY blow on it and you could have some fun. If you can find an early carbed 4 cylinder turbo set up, it should be easy. Otherwise you'd probably need to do a Mega squirt set up to control the fuel and timing.
Alternatively, buy the early NA 5 speed fox body (fox body 4 cylinder autos were about the slowest Mustangs ever made) and GENTLY blow on it and you could have some fun. If you can find an early carbed 4 cylinder turbo set up, it should be easy. Otherwise you'd probably need to do a Mega squirt set up to control the fuel and timing.
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