Need feed back on 360 Engine

I have been looking for a Gen 5 or 6 Ford for a while but I'm kinda picky on what I want. I have found one that I think will work but talking to a buddy he got me second guessing the engine it has.
The truck I'm looking at is a 1978 F150, 4wd, Manual(floor), V8(unknown size) and body isn't in horrible shape. The current owner bought the truck to make a 4wd mud booger but plans changed and needs to sell it, he was told it was a 360 but doesn't know for sure. I'm going tomorrow to look over the truck closer and see if I can confirm the engine.
Doing some reading it doesn't look like the 360 was a option in 1978 so it has been swapped or the guy was wrong. I will do my best to ID the engine. I'm going to spend today learning all I can so I can ID the engine.
I always thought the 360 was a good engine for power and reliability but a buddy was telling me the 360 is a gas hog and 351 would give better power with less weight.
I want a truck that I can enjoy driving that has a nice beefy growl with running and has the ability to spin both wheels once in a while. Most of the time it will be cruising around town but 6-7 times a year will be pulling a band trailer for my kids marching band.
So my question is. How is the 360 engine in a weekend driver truck?
You are correct, the 360 (FE engine family) was not offered in 1978. V8's in 1978 were the 302, 351M, or 400. I have 76 with a 360 and I am not the most knowledgeable about the engine, but the easiest way to tell if you have a FE is to look at the spark plugs. The rear 2 plugs are pointed forward and the front 2 plugs are pointed rearward, kind of like this // \\. There are some other differences in the number of valve cover bolts, can't remember those right now. With either the 360 or 351M, don't expect to get great gas mileage.
I did find a page that shows the FE engine has 5 bolts on the valve covers. That would get me in the right family of engines and should be enough to get me started.
Honestly on gas mileage I'm thinking 12-14 MPG most of the time and I'm okay with that. I have a small 4cyl for my work car and if I want to get 30+ MPG but no fun in that.
351M/400 (2WD/4WD): 1977/79 F100/350 = 8 valve cover bolts per side.
360 (2WD/4WD) & 390 (2WD): 1973/76 F100/350 = 5 valve cover bolts per side.
460 (2WD): 1973/76 F100; 1973/79 F250/350; 1975/79 F150 = 7 valve cover bolts per side.
Don't expect good MPG with any of these V8's, because these trucks have the aerodynamics of a brick.
When introduced in 1973, a gallon of regular gas was roughly 25-30 cents and no one gave a hoot about MPG
It is more likely that you have a 351M or 400 than a 360. Use Bill's method of counting valve cover bolts to determine the current engine and go from there.
All of the engines can be improved in some way, shape or form to increase power and MPG (albeit marginally!).
Good luck and post pictures of said truck (and engine).
G = 302 2V; H = 390 2V (1973/76) & 351M 2V (1977/79); J = 460 4V; M = 390 4V (1974/76); S = 400 2V; Y = 360 2V.
Anyone use the 360 as a daily driver? Or have some info how they compare power wise to the other possible engines?
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I was reading up on MPG on the 360 and really got worried with those results but decided to compare some of the other engines from the same year, then realized they all get horrible MPG.
Some weird posts in this thread... Crank flange? Dude, the engine is IN THE TRUCK. And btw, some older 390s had the half-moon cutout also.
"Sad" (yes, very sad. Extremely sad. SO sad. Just F***ING sad) that counting VC bolts to ID a motor is common? Seriously?
Buy the truck if you think it's worth the asking price... negotiate down if if it's too high. If you're worried about mileage then you're in the wrong market. There are literally TONS of Toyotas, Nissans, and Mazdas out there. Sheeeit, I pd $400 for my 89 Maz 4x4 and it's been trouble-free for 5 yrs. But when when it dies, it's GONE.
Terrible mileage... expect that. I drive mine (76 F150 4x4) to work every day. It gets *****ty MPG but WHO CARES. If I wanted MPG points I would have bought a Sentra or Camry.
Some weird posts in this thread... Crank flange? Dude, the engine is IN THE TRUCK. "Sad" (SO sad) that counting VC bolts to ID a motor is common? Seriously?
Buy the truck if you think it's worth the asking price... negotiate down if if it's too high. If you're worried about mileage then you're in the wrong market. There are literally TONS of Toyotas, Nissans, and Mazdas out there. Sheeeit, I pd $400 for my 89 Maz 4x4 and it's been trouble-free for 5 yrs. But when when it dies, it's GONE.
I agree as I said earlier in the thread I have a car for 30+ MPG, the truck will be for fun so not too worried about it. Granted 12-13 MPG would be nice but not a big deal.
Going tonight to look over the truck and will have cash with me just in case. The guy has raised the prices on CL "Because of the interest in the truck" but I'm going by his first post if it had some much interest why isn't it sold already. There are others in the area and I'm in no hurry.
Did look at the photos of the engine I have and it is a FE engine, that doesn't really tell me much just that it isn't stock.













