1988 Mercury Colony Park 8P Wagon – NOW $7,000

by | Jul 2022 | Classifinds, Wagon Wednesday

(To stop the slideshow and expand the pictures, click on the current photograph below)

July 18, 2022 Update – The private seller just replaced their expired original Craigslist ad with a fresh listing. In it, while the pictures and description remain the same, they elected to lower the asking price from $7,500 to $7,000.

Produced from 1957 through 1991, Mercury always marketed its Colony Park station wagon as the division’s premium trim, wood grain paneled, full-size wagon. The sixth generation of the car is well represented by this 1988 example currently listed here on Craigslist in Marlton, New Jersey (Philadelphia). A nice driver-quality example that has been garaged most of its life, the private seller makes the bold prediction, “For just $7500, you can be the coolest person you ever met in your entire life and everybody will love you.”

Currently offered for a firm $7,500, Classic.com, the analytics and search engine for the collector car market, confirms the ask is well below the five-year rolling average of this guide’s summary of Mercury Colony Park wagons.  By clicking on the green dots in the graph below, you can navigate to each comparable car sold as a way to help you evaluate the price of the truck featured here:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask falls between this guide’s “Clean” estimate of $6,025 and its “Excellent” appraisal of $9,175.

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 Colony Park, 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 it’s not uncommon to see these cars log 300-400K miles.  This sixth generation of the Colony Park, introduced in 1979, received only minor changes during its thirteen-year lifespan. For 1983, it became the sole full-size Mercury wagon as the previous year’s ‘base’ Marquis wagon was no longer offered as a full-size model. For 1984, the non-woodgrain Grand Marquis (previously Marquis) station wagon was dropped, leaving the faux-paneled Colony Park as the sole version.

We stumbled upon this 1988 Mercury Dealer features and benefits Laser Disc uploaded to YouTube. After nine years of only minor trim changes dating back to the car’s launch in 1979, 1988 saw a minor restyle featured in this video:

Based on the pictures and description provided, this 1988 Mercury Colony Park appears to be a solid, driver-quality example you can continue to use as-is or restore to like-new condition.

If you are serious about buying this Colony Park, you can start the conversation by emailing the seller.  When you connect, please remember to mention you saw their wagon featured here on GuysWithRides.com. Good luck with the purchase!

Here’s the seller’s description:

“Price is $7500 firm

1988 Mercury Colony Park LS woody station wagon – The car has been garage kept most of its life, so the body, floor pans, and paint are in great shape. Only 125,000 original mileage. She runs, drives, stops, and shifts great. Fuel-injected 5.0 engine and 4-speed automatic trans. The engine bay is super clean. Surprisingly good on gas. Averages about 14-15 mpg city and 24 mpg Highway. Cruises down the turnpike at 80mph as if you’re floating on clouds. Smoothest driving car ever. New battery. Good tires. No leaks. Has flip-up 3rd-row seating. Seats 8 people legally. Has factory roof racks and trailer hitch. Clean NJ title. Titled, registered, and insured in my name. Turn key, ready to go. Super reliable. You can commute to work every day with this car. A real head-turner. Lots of compliments everywhere I go. Definitely not something you see every day. For just $7500, you can be the coolest person you ever met in your entire life and everybody will love you.

Please keep in mind that this is a 34-year-old vehicle, so she’s got some wear and tear, but she’s definitely one of the cleanest old-school woody station wagons for sale on the internet right now for the price. Please look closely in all the pics I provided, so you have realistic expectations. I can provide more pics if there is anything specific you want. I will also be happy to answer any questions you have about it. I am firm at $7500. Cash only. No trades. These are becoming very rare in this condition and the value will only go up. Please serious inquiries only. If you’re a serious buyer with $7500 cash in hand, please leave your name, number, and best time to reach you. Thanks for looking.

Restore or drive as-is: What would you do with this 1988 Mercury Colony Park Wagon?  Please comment below and let us know!

1 Comment
  1. Mike G

    I had a 90 Coloney Park LS from 95-05. It was an awesome car that I regret selling.


Submit a Comment

Your email address will not be published.