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I'm starting to plan some of the bigger budget items on the '68 Cougar XR-7 I bought in February. The current dilemma involves the C4 transmission. This car, BTW, is a never-molested 2-owner (not counting me) car that sat dormant in an attached garage for the past 25 years. It's a factory air, J-code.

Since it has not been fired up in 25 years, I'm assuming that the C4 will need a total rebuild including new torque converter. A local shop (with a good reputation and that I have used once before for a 4-speed toploader) gave me a sight-unseen estimate of $975.00 as a worst-case estimate and said it could be lower once they open the transmission and see what it looks like inside.

I also have the option of simply swapping the original transmission out in favor of the C4 I took out of my '69 Mustang convertible when I converted it to the TKO. I know that transmission is good, but the car will no longer be numbers-matching.

Right now the plan is to remove the transmission and give it to the tranny shop so they can open it up and give me a better estimate, but my question is this - At what price does it make sense to simply swap transmissions? I don't plan to do a concours restoration and do plan to sell the car next spring after the resto is completed.

Opinions, please....
 

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Seems like a lot of money just to rebuild a tranny. Does that include R&R? You could cut that in half if you pull it and put it back yourself. I had the tranny done in my old Ramcharger 4x4, after they pulled it, rebuilt it, and reinstalled it, it was only $720. And there is a lot more to pulling a tranny out of a 4 wheel drive.
 

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$975. is totally ridiculous! For a $35. kit and a $60. torque converter you can do it yourself.

http://www.knology.net/~dorner/images/1dude.jpg If this guy can sucessfully rebuild a C-4, I know you can!
 

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If you don't need it, I'd drop in the 69 C4. You can hold on to the other one, in case the new owner wants to change it back to a numbers matching car. That $975 can be spent in other areas.
 
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