Hi,
I bought my 98 V8 with 124k. for $2000. off Ebay after toasting a V6 tranny in my previous Explorer. Its in pretty good condition. I've changed a few things to my liking. I also trailer a 18 ft. boat with no problem. I actually bought it to trailer, and bought the boat right after the truck . I live in NY and the boat was in FL. I blasted down to FL. hitched it and dragged it back to NY in three days, NO PROBLEM. Now almost a year later its got 164K. on it. Its got the welded cruddy manifolds and I do think I have a cooked cat/ converter. BUT, I dont have to worry about those bad V6 trannys any more!!
A few of my changes were eliminating the entire front axle, adding a posi to the rear, changed out the 373 gears for 355, Cat back exhaust,K&N filter,Aftermarket rear anti-sway bar, KYB high pressure shocks,and sold the mint 15" aluminum wheels with almost new 235-75-15 Mich. tires. Bought a set of 94-95 Mustang 17" wheels, and new take off tires from a F150, 255-65-17. Changed all my fluids to full synthetic with the extra money I made with the wheel swap, Yes I said Made!! And, I keep all the fluids Syn.