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Message: <blockquote data-quote="95PGTTech" data-source="post: 601417" data-attributes="member: 9525">the water in the exhaust on a cold day is most likely condensation. it's cold outside, it's hot in the pipes. pull the plugs, do a compression check, change the oil, fuel filter, and go from there. diagnose before you just randomly start throwing parts at the car.the most cost effective way to swap is to sell what you have and buy a factory v8 car. kbb says private party value on a 94GT 5spd with standard options is $2940. the same site says $3045 for your 98 3.8L, both using 100,000 miles and "good" (4/5) condition. 5.0 sn95s go for a bit more than blue book even in this rough economy, but the whole sell/buy shouldn't cost you more than $1000 even doing the tuneup to your 6 getting it in good sale condition.the most cost effective way if you insist on keeping your current car is to pick up a complete wrecked donor car and swap it all over - engine, trans, clutch, driveshaft, rear, ECU, engine and trans wiring harness, gauge cluster, steering rack, front accessories, brake booster, etc. etc. etc. buying stuff piecemeal is going to HAMMER you in nickel and dime costs. if you'd like to 5.0 swap, obviously you are looking for a 94-95 gt. if you'd like the 4.6L, 96-98 gt or cobra. regardless of the swap, you'll need an entire donor car. I'm sure I left out small stuff like K member, trans cross member, motor mounts, etc. not only is the swap going to cost you a good bit of space, aggrivation, and downtime, it's not worth it unless your current 6 is super low miles or super clean chassis.</blockquote>