Wedge Wood: 1978 Lincoln Continental Mark V 17K Survivor – SOLD!

October 29, 2022, Update – We confirmed the seller of this “Classifind” deleted their listing, so we’re now able to call this one “SOLD!” While this one got away, please reach out either by email or call us directly if you’d like to be informed when we come across something similar.

The last of the classic Lincoln land yachts, the Mark V was the fourth generation of full-size personal luxury coupes produced by Ford’s luxury division. Produced for only three model years from 1977-1979, the Mark V was the best-selling generation of the Mark series, with 228,262 examples produced. While the vast majority of Mark V’s wound being ordered with one of the myriads of designer series trims Lincoln offered at the time, this one-ower 1978 Lincoln Continental Mark V originally listed in October 2022 on Craigslist in West Warwick, Rhode Island, is a nicely optioned, survivor quality, non-designer series car.  The seller reports the car as having only 16K original miles when the odometer shows 16,843 miles in the pictures provided.

Once offered for $24,500, Classic.com, the analytics and search engine for the collector car market, confirms the ask is slightly above the one-year rolling average of this guide’s summary for fourth-generation Lincoln Continental Mark Vs produced between 1977 and 1979.  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 Mark V featured here:

As a second data point, the  Collector Car Market Review Online Tool reveals the seller’s ask falls well above this guide’s #1 “Excellent” appraisal of $17,700 before factoring in a ten percent premium for the optional moon roof.  The premium in this example is for the extremely low mileage, one owner provenance.

The last of the classic Lincoln land yachts, the Mark V was the fourth generation of full-size personal luxury coupes produced by Ford’s luxury division. Produced for only three model years from 1977-1979, the Mark V was the best-selling generation of the Mark series, with 228,262 examples produced.  At 230 inches long, the Mark V was the largest two-door coupe ever sold by Ford Motor Company and was six inches longer than the Cadillac Eldorado of the same period.

Improvements for 1978 included a larger radiator and heater core inlets and hoses for improved coolant flow and heater performance. Door lock cylinders and ignition switches were also revised for greater theft protection. 1978 was the final year for the optional 460 cubic inch V8, which this example features.

Joining the optional Full Vinyl and Rear Landau Vinyl roof options for 1978 was a new, full-length, simulated convertible “Carriage Roof” option (available only in white canvas-embossed vinyl – with interior rear seat side-quarter trim panel vanity mirrors – in place of the normal standard opera windows, which were deleted with this option). The Power Glass Moonroof option was not available on Mark V when equipped with the Carriage Roof.

The Shooting Cars YouTube Channel features this modern video review of a 1978 Lincoln Continental Mark V:

They are only original once, and with only 16,843 original miles, this 1978 Lincoln Continental Mark V for sale presents well in its original Wedge Wood blue paint. We love that it’s not one of the designer series or Diamond Jubilee Edition cars but rather a nicely optioned example with everything working, says the seller.

Here’s the seller’s description:

Show or go: What would you do with this survivor-quality 1978 Lincoln Continental for sale?  Please comment below and let us know!