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November 13th Update – we just noticed this 195 Mercury Colony Park we first featured in mid-October now has a fresh Craigslist post with a price lowered from $7,500 to a much more realistic $6,250 however given the high mileage we believe the seller will need to reduce their price a bit more before they can call it sold.

Posted last week in Peapack, New Jersey is this 1985 Mercury Colony Park Station Wagon you can find here on Craigslist where the private seller is currently asking $7,500.   With the NADA Guides Online Valuation Tool currently listing their “Low”, “Average”, and “High” range for these wagons at $1,625, $4,062, and $7,000, respectively the seller is a bit optimistic about a mid-eighties wagon with nearly 300K fetching that kind of money.

Ford’s Panther chassis, first introduced in 1979, was the company’s last full-size, traditional body-on-frame platform used for the Ford LTD and Crown Victoria, Mercury Marquis, and Lincoln Town Car across three generations spanning an incredible 33 years.  Easy to repair yet incredibly durable, these cars earned their ruggedness on the streets of New York City where its not uncommon to see these cars log 300-400K miles. So, we’re not surprised to find this 297K Colony Park example in what appears to be very nice and well documented condition fighting in the wilds of Northern Jersey just outside of New York City.

We like the seller’s description of his wagon, so we’ve included it here:

“This is an extremely solid 1985 Lincoln Colony Park Station Wagon (Grand Marquis) – No rust and have all documented history since new – extensive documented history and information on this car. I have had the following done since my ownership: complete tuneup, converted the AC (works OK) , new serpentine belt, and all fluids changed. This is a very nice driver. Mileage is very high at 297K; but when you see and drive this car you know it was well taken care of. Body has some nicks on the woodgrain (not perfect); no rot or rust; drives extremely nice and quiet. The good news, you know the history of the car and that it was cared for! What it needs: a new headliner and I would replace the door rubber! Some room in negotiation but not giving it away.”

If you are seriously interested in this Colony Park you can send the private seller an e-mail here but he insists that you need to provide your phone number in order to expect a reply from him.  If the maintenance records check out and you’re not afraid of the high mileage, you’ll be picking up a RADwood-eligible station wagon having the potential of being modified with period Mustang GT parts to make it a nice sleeper wagon.  Good luck with the purchase!

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