Maybe I am missing something.. That hole is not in the correct location for the cable as it is shown in the pic.. Or ar you looping it inside the car?
Yes, I am looping it in the car as I don't have much room underneath because of the Powerglide and headers/driveshaft hoop and ladder bars. It had been that way since I got the car and worked great, but I do have some special brackets that attach to the trans and driveshaft loop.