Before attempting this swap:
* Identify the specific transmission codes: You need to know the exact transmission code (e.g., AOD, AX4N, etc.) for both the donor (1996-97) and the recipient (1998) Mustang. These codes are usually stamped on the transmission case.
* Compare the bellhousing bolt patterns: Ensure they are identical. A slight mismatch can prevent the transmission from bolting to the engine.
* Check input shaft length: This is crucial. An incorrect length will prevent proper engagement with the engine's clutch.
* Verify compatibility of electronic controls: Automatic transmissions in this era might have different electronic sensors and control modules. A mismatch could lead to drivability issues or even prevent the car from running.
It's much safer and easier to find a used transmission specifically for a 1998 Mustang V6. The cost savings attempting a potentially problematic swap are likely to be outweighed by the time and potential additional costs involved in troubleshooting compatibility problems. A used transmission from a reputable parts supplier is the best and most reliable solution.