The transfer case can be converted to part time operation, a common modification to eliminate many reliability concerns that arose from the transfer case operating at all times. Additionally, a part time conversion reduces drag and can noticeably increase fuel economy in NP203 equipped trucks. Chain stretch can occur over time, but the reliability of the chain is not a major concern in everyday applications, especially if the transfer case has been converted to part time. Regardless, it is nowhere near as popular as the New Process NP205. NP205/NP203 doubler kits (mounting the two transfer cases together) are often used by off-roaders seeking to reduce their gearing significantly.
New Process NP203 Specs
| Manufacturer | New Process Gear | |
| Applications | • 1974 - 1979 Ford pickups • 1974 - 1979 Dodge pickups • 1973 - 1979 GMC/Chevrolet pickups |
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| Case | Cast iron, sectional (four pieces mated together), married & divorced variations | |
| Drive Type | Full time, chain driven, manual shift | |
| Gear Ratios | High Range | 1.00 : 1 (direct drive) |
| Low Range | 2.00 : 1 | |
| Fluid Type/Spec | 10W-30 motor oil | |
| Weight | 160 - 170 lbs dry | |
| Identification | Transfer case ID tag located on front of case above 4WD output shaft | |
Because the NP203 is a full time transfer case, it has a unique shift pattern. The driver is able to select (from front to rear) Lo-Loc, Low, Neutral, High, and Hi-Loc. In the Hi/Low "Loc" positions, the differential in the transfer case is locked, distributing power equally between the front and rear axle. In the Low/High positions, the differential allows the front and rear axles to receive drive power independently of one another depending on the driving conditions (i.e. it is possible that only the front axle or only the rear axle is transmitting power at a given time).