Thanks for the advice Brandon. The trans was rebuilt when the new engine was put in and it shifted well when I drove the truck so it *should* be good to go. Either way I'm getting it flushed along with the coolant and oil. I figure it's best to start with fresh fluids so I know what schedule the truck should be on.
My business partner thinks the engine could do with a tune up so I'll keep in mind what you said about the GPs and make sure I get Motorcrafts. The seller mentioned that one of the batteries isn't very strong so we may just end up replacing it before the winter if it doesn't do well on the charge test. Hopefully that's the problem and not the starter.  The seller agreed to a fairly low price so we'll have the money left over for any small fixes the truck needs. The only other thing that we know has to be done are new front tires (the current ones are beginning to bulge). Beyond that the truck seems ready to work.
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My beasts:
1989 F350 XL Jasper 7.3 IDI non-turbo. Auto, RWD, dually, 12ft box, ugly as hell! We call it Big Ugly.
1999 F250 XL 5.4 Triton. Auto, 4x4, my "pretty" truck.
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