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A Stock 302 barely makes 176hp to the wheels stock. 190hp with all the bolt ons. You need to add Heads, Intake Manifold and a Cam to get to 300hp. The that puts you into the price range of a LS1 that makes more HP than that stock and even more with bolt ons down the road. Sorry, I played the mustang game for many years before I got the 240. The returns aren't that great.
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Comments should be taken as Opinions not as Statements of Fact 
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