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I didn't want to say my secrets , I dropped my front 5" with 2 cut coils and tires , and Im talking bumper height measurement , and I can floor it over a speed bump with no bottoming out , I even jumped my truck in the streets of San Francisco going down Lombard street , lol , it is your truck , drive it like you stole it and Merry Christmas !!!
I like Chase's (moving up the spring mount) the best (it can be un-done) but
if I were to cut a coil spring I'd use a little hand grinder with a cut-off wheel.
By the way raising the spring bucket is going to still cause neg camber , when you cut the springs it makes them a little stiffer , so that said you will be bottoming out much quicker that way with raising the bucket . Just 2 cents , happy holidays to all FORD lovers .
Of course it will effect camber. ANY change in ride height will effect camber. Moving the coil bucket was the cheap way to do it without having to resort to cutting coils. IF I were to do it on the cheap (ONLY the 38 will be low) then I'd build custom, taller coil buckets and actually run a 2" lift spring. That is me though, and 99% of the guys on here won't do the fabrication I will do. A coilover is really the way to go, but again that's out of most people's budget/skill level.
As for cutting the springs - I never do it but a port-a-band (portable bandsaw) is perfect for the job. It just so happens to be one of my favorite investments in tools too
I agree a 4-1/2 grinder with a cutoff wheel makes short work on springs without the heat. I am sure bandsaw would be fine also. Took about 5 seconds to cut a coil out of mine. Dropped about 2". In the rear I added 2" drop shackles and then cut off and moved my front leaf spring perches up to give (again with some cutting with cutoff wheel & welding back in place) 4" inch drop in rear at a total cost of about $60. Nice even stance now without being considered too low.