Re-engineing a P38 while the existing engine is going well is rarely financially sound and most V8s if they're properly maintained and driven are quite reliable.
A different but equally compelling reason might justify the time and expense however... for example, the UK outfit (Bodylogic?) TDV6 transplant caught my attention because of the high torque/low rev characteristics and claimed 50% fuel economy improvement. With current forex rates however it's close to $12K to get the electronic bits sorted before adding the expense and worry of obtaining a reliable TDV6 locally with all the ancillaries at an affordable price. 
This got me thinking about the propect of re-engining using the Ford Trasnit van 2.4  diesel from the recent Puma which could be reasonably tweaked. I'm not interested in tyre burning performance but I would like an engine which has better torque characteristics between 1700-3000 rpm ...especially if I want to retain the very reliable 4HP24 gearbox.
LR seem to procure engines from all sorts of places for different models...
EDIT: a bit more research and I discover that the 3.2 TDV6 is in transit vans and Rangers alike... this just "might" be a future prospect if a few systems engineers could work out the interfaces!
				
			 
			
		 
			
				
			
			
				MY99 RR P38 HSE 4.6 (Thor) gone  (to Tasmania)
2020 Subaru Impreza S ('SWMBO's  Express'  )
2023 Ineos Grenadier Trialmaster (diesel)
			
			
		 
	
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