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I driven a 2wd ford ranger (98?) with the 2.3L and it was not even in the same league,
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The modern Ford 2.3 L is a much different and better animal than the 1990's/early 2000's 2.3 L. I feel my 2.3 L four cylinder performs as well, if not better, than my old 3.0 L six. My new 2.3 L definitely has much better FE. There is a reason Ford discontinued the 3.0 L six.
As I said earlier, I feel the performance of my new 2.3 L Ranger is as good, but with better FE, than my old 1985 Toyota with the 22R engine. I can only dream how much better yet both the performance and FE of the Ranger would be if it only were the same size and weight of my 1985 Toyota (2010 Ranger 3200 lb., 1985 Toyota 2700 lb.). Which gets us back to the original topic . . .