Who builds an old car for mileage? Buy a Honda.
Get a big engine, a loose converter, and some tall gears and have at it. If you need something that drives well on the highway there are plenty of overdrive transmission options - don't self limit, make the compromise and burn the fuel. Especially in the US, your gas is so much cheaper than ours.
Well, at the bottom of Olds307 and 403's credits, it said 9:1 350 and 2.78 gears so I assumed this was a cruiser.
But, as for "go buy a Honda" . . . it is not a matter of building it for mileage but just efficiency. Maximizing performance AND mileage. Trying to make and older car more efficient like the newer ones is not impossible.
As I've posted elsewhere, I can actually make the next potty stop with mine before I need a refill . . . and it would hit 60 in 5.2 with NO traction on the old setup. Now, yeah, I've got overdrive and a dialed in CCC and may eventually go EFI [all advantages] but that doesn't mean without these things you need to just dump gas out the freakin' tailpipe and have a car nearly impossible to cruise anywhere in?
My current bladder's gas mileage requirement is 18-20mpg which I could do before the current state of scatter. Right now, it doesn't get such great mileage laying all over my garage floor . . . so hopefully that's going to get better eventually.
But, I'm actually anxious to see how all the suspension/wheel/tire changes I'm making and the 3.73 up to 3.42 gears help to improve both? While helping mileage slightly, higher gears with all of that torque isn't necessarily a bad thing for performance either and it should be better on an auto-x or road course cuz I'm more interested in twisties and canyon carving at this point than purely ETs. True, a different power band than the huge bore small block above but I'm running Bowtie's 2200 [spec'd] that feels more like 2400 with the torque I'm making but it works great with my foot in it. Of course, I've got lockup so my 1800-2200 cruise range [soon to be dropping slightly] doesn't roast the torque converter or the transmission. And, I just ran the new PURDY stainless lines right into my 4 row. No cooler required . . . but I've got a temp gauge anyway just in case?
Just wasting gas because you are putting cubes under the hood is [well] just wasting gas but I thought he was asking for a recommendation and it sounds like the mind is already made up . . . put in a 424 and floor it! Nothing wrong with that . . . but I didn't know that!
Just sharing ideas and options here peeps . . . thought that is what this place is for?