Hello, I have been working on a Mitsubishi 4G63t engine swap for a couple months now and recently I've come to the conclusion that it is beyond my abilities. I am now selling the parts and I am planning on doing a 302 or an LM7 engine swap. I have done a decent amount of reading but I'd just like some opinions on my next step.
I have a running LM7 with wiring harness and an ECU sitting in my garage, the problem is I am worried about the cost of sourcing a T56 and the cost of the swap kit. The Sikky kit is $1900 US which in Canada is about a million dollars, the E30LS1 kit looks good and would probably be my path.
I have a T5 transmission sitting in my garage, I was thinking about just buying an old Mustang and a swap kit from E30M3.com and going this route. I have been reading that the quality on their parts is sub par. I've also read that the 302 with a modified pan may not work very well. I can get a running Mustang for about $2200 CDN and then I can sell the un-needed parts from that, in total I'll be a lot less into the Mustang.
What I am looking for are opinions on whether to use my LM7 or to sell it and buy a 87-93 Mustang and use that. Wiring isn't really a concern as I'm not planning to use BMW gauges or anything else, pretty much a stripped car. I am currently just trying to get it to run but I would like to eventually do some light track duty with most of it's time being spent on the street.
Pictures because people like pictures:

I have a running LM7 with wiring harness and an ECU sitting in my garage, the problem is I am worried about the cost of sourcing a T56 and the cost of the swap kit. The Sikky kit is $1900 US which in Canada is about a million dollars, the E30LS1 kit looks good and would probably be my path.
I have a T5 transmission sitting in my garage, I was thinking about just buying an old Mustang and a swap kit from E30M3.com and going this route. I have been reading that the quality on their parts is sub par. I've also read that the 302 with a modified pan may not work very well. I can get a running Mustang for about $2200 CDN and then I can sell the un-needed parts from that, in total I'll be a lot less into the Mustang.
What I am looking for are opinions on whether to use my LM7 or to sell it and buy a 87-93 Mustang and use that. Wiring isn't really a concern as I'm not planning to use BMW gauges or anything else, pretty much a stripped car. I am currently just trying to get it to run but I would like to eventually do some light track duty with most of it's time being spent on the street.
Pictures because people like pictures:


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