$32.9K???? Wow!
Our page on transmission applications shows that in '88 a C6 would be the tranny in that thing as the E4OD wasn't introduced until '89. So that is going to be one huge gas guzzler with 4.10's and no OD.
(Not that any 460 is economical, but...)
But it should handle those 35" tires well. And with the D60 up front awa the long wheelbase it might ride decently. Still, $32.9K?
Gary, AKA "Gary fellow":
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Dad's: '81 F150 Ranger XLT 4x4: Down for restomod: Full-roller "stroked 351M" w/Trick Flow heads & intake, EEC-V SEFI/E4OD/3.50 gears w/Kevlar clutches
Blue: 2015 F150 Platinum 4x4 SuperCrew wearing Blue Jeans & sporting a 3.5L EB & Max Tow
Big Blue: 1985 F250HD 4x4: 460/ZF5/3.55's, D60 w/Ox locker & 10.25 Sterling/Trutrac, Blue Top & Borgeson, & EEC-V MAF/SEFI