1962 Ford Falcon Station Wagon Street Machine – NOW $12,000

Jul 2020 | Classifinds, Wagon Wednesday

July 1st Update:  While gathering features for our latest Wagon Wednesday edition, we noticed the private seller of this 1962 Ford Falcon Station Wagon just posted a fresh listing with the price reduced another $2,000 to $12,000, which is now $200 more than the #2 “Excellent” estimate provided by Hagerty Insurance and will likely go a long way towards finally seeing this example selling.

June 10th Update:  Just yesterday, we witnessed the current caretaker of this 1962 Ford Falcon street machine we first featured in late May lower her asking price three thousand dollars from $17,000 to $14,000.  Unfortunately, that ask remains a two hundred higher than the Hagerty Insurance #1 “Concours” estimate, so we will likely see this Falcon in need of an interior sit a bit longer.

First generation Ford Falcons seem to be coming into their own as a nice platform for 5.0L Ford-powered street machines, especially station wagon models such as this lime green 1962 example currently listed here on Craigslist in Poughkeepsie, New York.  The current caretaker is currently is now asking $12,000 which, when compared to the Hagerty Insurance Online Valuation Tool for a stock example shows he’s currently asking $200 more than the #2 “Excellent” level of $11,800.  This is a significant drop from the original $17,000 asking price when we featured this Falcon.  We’re not sure the condition of the build combined with several odd custom choices demands that much of a premium but if you’re serious about purchasing this unique build, you can start the conversation by calling Diana at (845) 518-7933 and when you do, please remember to mention you saw their car featured here on GuysWithRides.com

Ford produced the Falcon from model years 1960 through 1970 in three distinct generations: 1960-1963, 1964-1965, and 1966-1970 (saavy readers may be quick to point out the ’70 1/2 model, but for us that was just a rebadged Torino doesn’t really count!)  In the late fifties, two trends in the U.S. emerged. First, the post World War II prosperity saw an increase a female drivers; consequently many households could now afford a second car, provided its was inexpensive and economical.  Second, the U.S. recession of the late 1950s had some consumers longing for a small car rather than the typical full-size offerings the “Big Three” historically focused on.  Ford’s market research confirmed these emerging trends and the company launched its new Falcon line in the fall of 1959.  All of the domestic manufacturers came to the same conclusion and launched their own line of compacts cars in the early 1960s.

Despite the first generation’s humble six-cylinder powered roots initially,  given the first generation Mustang used the same underpinnings starting a few model years later, its been a relatively straight forward process to complete a small block Ford and front suspension swap for many years.  More recently, the potent and tunable 5.0L motor and transmission powertrain make a great restomod swap for these cars.

While this Falcon street machine appears to have great bones and a great power train, the interior currently lets this car down on several fronts.  First, there’s no headliner and on a long roof like this Falcon its a big job that’s need to cut down road noise. Second, the almost white carpet appears to be in need of replacement; its unclear from the seller’s description whether he’s including a replacement carpet. Third, maybe its just us, but the diamond plate door panel theme throughout just doesn’t work.  With such a distinctive lime green paint job, we’d look at redoing the interior in a stock white (or perhaps gray to tie in the flames) to really give this Falcon a much cooler and likely quieter look.  Finally, with all that window area, a good Vintage Air system will help keep you and your passengers comfortable on a long cruise.  Good luck with the purchase!

Here’s the seller’s description:

“1962 Ford Falcon Wagon body with 1988 Mustang under the hood.
New fuel pump, new battery.
Needs headliner but the custom carpeting along with other misc parts and locking, fleece lined cover.
Serious inquiries only please and thank you!

Do you have a Falcon Street Machine story you’d like to share?  Comment below and let us know!

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