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Steve, for starters - welcome. Now... hate to burst your bubble, but that's not a Regency. It looks to be a Luxury Sedan. Regencys were first available in '72, but they were all a funky gold color, I think called Regency Gold. They also all had a crushed velour, loose-pillow-look interior. A Luxury Sedan VIN will start out with 3V39 (so will a Regency, because it was just an option package in '72). A base 98 sedan will start out with 3U39.
The 8th digit in the VIN being the engine code only applies to newer vehicles. Your engine code should be the 5th digit and should be a U, which is a 455 with automatic. I'm pretty sure all 98s came with 455s. You've got a blue engine, which indicates to me that it is a 455.
Paul
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