Cheap Driver: 1977 Mercury Cougar XR7

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This 1977 Mercury Cougar XR7 is one of those rare cars where it’s definitely on the more affordable side of the project spectrum but the seller has still gone through the effort to document, document, document. The Cougar comes with a ton of helpful background information to ensure buyers can make an informed decision, and he’s also making a near-identical parts car available for just $1,000 more. Find the running Cougar here on craigslist for $3,900.

My brother just got into a Thunderbird of this same era and loves the big body coupe driving experience. It just wafts down the road, but there’s also a healthy amount of style baked into these old Cougars and T-Birds. Back when they were new, after all, these were the top of the lineup if you wanted a car that said you were doing fairly well. The Cougar in question left the factory with Lipstick Red paint and a white bucket seat interior; the seats have been removed, revealing clean red carpets underneath.

The Cougar is powered by a 351M engine with good oil pressure and a new timing chain (my brother actually just put a new chain on his Thunderbird.) This car also comes with a new water pump, spark plug wires, starter solenoid, a voltage regulator, and a carburetor kit. The seller reports it makes 70 lbs. oil pressure cold and 30 lbs. oil pressure hot, so it seems like a healthy mill. It comes with power steering, power brakes, a C4 transmission, and a 2.50 9″ rear end.

Here’s the parts car the seller will throw into the deal for $1,000. If you have the space, this makes sense to me to pick up. After you raid it for any spares you need, there’s likely still money to be made by selling parts off it to offset your purchase price. The seller is including loads of spare parts for the $3,900 purchase price, including spare body panels, A/C components, trim parts, and more. The Marti report and build sheet are also included, making this a very attractive package if you’ve been looking for a Cougar XR7 project to rebuild.

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Comments

  1. CCFisher

    It may be cheap, but it’s not much of a driver without seats or a steering wheel.

    Like 7
    • Piper62j

      Pictures of seats and a multitude of parts are included for both cars.. Not a bad project..

      Like 0
  2. timothy r herrod

    I never liked the look of those wheels, they started putting them on early 90’s ford pickups so maybe thats where the dislike started

    Like 1
    • Piper62j

      Those wheels appear to be aftermarket and I don’t like them either..

      Like 0
  3. Howie

    I do not see anything in the ad that says $3,900, they must have changed the ad.

    Like 2
  4. CATHOUSE

    The ad has been changed now to $4500 for both cars and all the extra parts.

    Like 1
  5. EJ MERCURY

    These are my Cougars…..
    The white bucket seats are there and in the pictures…it also has the orginal black steering wheel…
    I changed the price to a package deal….
    Both Cougars and Parts $4500 obo…
    Email me from the craigslist ad with your questions. ..
    Thanx EJ

    Like 0
  6. CenturyTurboCoupe

    Nice job on the fuel line. You may not have the car long before it becomes a torch! But with the 351M…who cares??

    Like 0
  7. Nick

    If you look at all the pictures, you’ll see the seats (very nice cond.) and the whole car. Also a photo of parts? car. If I had the space (have 3 cars in garage,plus wife would divorce me.) I’d be a buyer.

    Like 0
  8. donald Doxtater

    i had a 75 xr7 that came with a c-4 transmission that was replaced twice before Ford recommended using a c-6 because the c-4 could not handle the larger body and larger 351 engine in those year cars.

    Like 0
  9. EJ MERCURY

    For anybody that is truly interested…..not the people leaving nasty replies…get a life…
    I would include a set of rust free fenders and a set of the correct 15″ steel wheels to put the new tires on to get rid of the nasty aftermarket chrome wheels….and lower the price to $4000 for everything..
    If U have questions or something nasty to say….email me from the craigslist ad…

    Like 1
  10. EJ MERCURY

    Desided to keep the parts car…..for my other Cougar
    If anybody is interested in the Cougar and spare parts for $3900 OBO
    Email me at MercuryMusclenet@gmail.com
    Or find my new craigslist ad on the Northern Michigan Craigslist

    OR JUST DELETE THIS ARTICLE ON MY CAR….AS I NEVER ASK TO BE ON HERE ANYWAY….

    Like 0
  11. EJ MERCURY

    I’m lowering the price for 2 weeks to $2500 for just the Cougar…no parts car or parts.
    After 2 weeks I’m starting work on the car…
    My email is above…or search Northern Michigan Craigslist for the car ad.

    Like 0

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