Police Special: 1964 Ford Galaxie 500 XL Convertible

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Some classics are deceptive, meaning you must burrow below the surface to identify what makes them genuinely special. That is the case with this 1964 Ford Galaxie 500 XL Convertible. It is a solid and complete vehicle that needs a birthday, and most people would accept that without question. However, the original owner’s decision to order it with the desirable P-Code V8 helps it stand apart from lesser mortals. If you crave a project car that could provide good looks, excellent performance, and an effortless wind-in-the-hair motoring experience, the Galaxie is listed here on Craigslist in Clovis, California. The price of admission is $22,500, and I must say a big thank you to Barn Finder T.J. for referring it.

Ford rolled its latest generation of the Galaxie off the line in 1960, with the car receiving evolutionary styling updates until it was replaced for the 1965 model year. Our feature car is from the final production year, and while it no longer dazzles potential buyers, it has many positive attributes. The existing paint shade isn’t original, with the Door Tag confirming the original owner ordered the car in Skylight Blue. Considering its cosmetic needs, reinstating the original shade would not add significantly to the restoration process. The panels sport minor bumps and bruises, but none justify panel replacement. It seems the Convertible spent its life in a dry climate, helping to explain the lack of significant rust. There is some visible around the trunk opening, but careful work with a welder and patches should see those disappear. There is surface corrosion and a couple of tiny holes inside the trunk, but there are no signs of further penetrating rust. The White power top works as it should, and with the rear window still clear and no apparent rips, a deep clean should be all it needs. A few trim pieces are missing, but sourcing replacements shouldn’t pose a problem.

The Galaxie’s interior would have been a pleasant place to pass the time on a sunny day, with the bucket seats, console, and AM radio adding to the luxury impression. It remains presentable for a driver but needs love if the buyer seeks a high-end result. The driver’s seat has some outer edge wear, the carpet looks tired, and the pad is heavily cracked. Some upholstered surfaces are sun-faded, meaning a complete retrim would probably be the best approach. The process won’t leave any change from $2,000, but when you consider the results and the potential value of this car with the work complete, it could be a wise investment.

Lifting the hood reveals this Galaxie’s ace, helping explain why it is such a worthy restoration candidate. Ford offered buyers a wide selection of powerplants in 1964, and many selected the 390ci V8 producing 300hp. However, some craved more but couldn’t justify the expense or hard-edged motoring experience provided by the fire-breathing 427. However, the P-Code version of the 390 brought 330hp to the table, giving the car a performance edge in a civilized package. Few buyers pursued that path, but this Convertible’s original owner did. They left shifting duties to a three-speed automatic transmission, adding power assistance for the steering and brakes for an effortless driving experience. Was the expense justified? The additional power and 427 ft/lbs of torque meant the 4,167 lb Convertible could squeak in a sub-16-second ¼-mile. It wasn’t much faster than a regular 390, but it was enough to gain the owner bragging rights. The seller indicates the car remains mechanically original, although it requires work before being considered roadworthy. A new fuel tank and brake work will be at the top of the list, although any other tasks would appear to be little more than the tweaking and tuning the new owner could complete themself.

The asking price for this 1964 Galaxie 500 XL Convertible isn’t cheap, but several factors justify the figure. Its lack of significant rust means it represents a fairly straightforward restoration project. However, the P-Code V8 under the hood sets it apart from the crowd. Although values aren’t currently climbing significantly, that motor is the secret to this car’s potential. Few owners ordered their ’64 Galaxie so equipped, making this a relatively rare vehicle in the big picture. It means a high-end restoration should see it comfortably command a value above $60,000 in the current market, although a higher figure is possible. With that thought in mind, will you give this Ford more than a passing glance?

Auctions Ending Soon


  1. Nevada1/2rack NevadahalfrackMember

    Nice, but not $23k nice.

    Like 33
  2. Ralph

    So I just gave the above comment a thumbs up. And the counter jumps from 0 to 4! That is nuts.

    Like 10
    • PRA4SNW

      If you had hit Refresh on the page before giving the thumbs up, it would have shown 3.

      Like 7
  3. bull

    I only got a 1 when I hit the thumbs up counter on your post!

    Like 3
  4. Chris Cornetto

    My first car back in 78 was a 64 Impala convertible but I always thought the Ford was just as nice. I still have the Chevy but wish I had bought one of these when they were affordable and had good chassis’. The area I lived in had many but all I looked at had frame rust bad.

    Like 2
  5. Rick

    A police special drop top? What a way to get hauled in to the cop shop!

    Like 6
  6. AzzuraMember

    64 Galaxie 500 was my first car at 16 in 1967. 2 door fastback. 390/4barrel. Pop overhauled it and equipped it with some great sounding duals. A three on the tree. Drove it all through high school and first two years of college. Loved that car. Pretty fast and had a great top end since it was equipped with an electric overdrive. Don’t see many of those big Fords with OD. Finally traded it in on a 69 Mustang. Always been a Ford man.

    Like 10
  7. Vance

    A guy in highschool had a hard top 390 4 spd which I fell in love with. I had a 69 Cutlass that was great, but the Galaxie had the 4 spd. Parents said no and put an end to the whole thing. Saw the guy at our 40th reunion a few years ago, we both laughed at his asking price of $ 900.00. Too many cars so little time.

    Like 2
  8. Maggy

    Cool car but priced too high.I’m thinkin more like 12 to 15 k. It needs a lot of work when you look at the big picture and how far you want to go. Always liked this body style and I’m not a Ford guy.

    Like 2
  9. CycloneJeff CYCLONEJEFFMember

    Looks like motor was changed. Valve covers seem to be 65-66 and don’t see the oil filler in the intake behind the expansion tank. It would be a solid lifter 390. He states cast iron shorty headers but not solid lifter. Cool car.

    Like 2
    • Donnie L Sears

      The Galaxy’s with the 406 came with factory cast iron headers. They quit making that motor too soon. It was a better motor than the 390.

      Like 0
  10. 64 Bonneville

    12 to 15K as stated before. I don’t believe that is the correct or original motor 330 (335?) HP would have been 3-2 barrels on the 390. $2K to buy the interior pieces needed to bring it back add another $1500-2000 for install by a shop. Most home restorers are not proficient enough at stretching vinyl to get a good tight fit. Greg Donahue Restorations, has beau coup for these Galaxies and Galaxie 500.

    Like 1
    • bull

      A “P” engine code was NOT a 3×2 carb engine. The 3×2 option was a 406 in a Galaxie.

      As noted above the “P” code engine as a 330HP 390 CI engine with a 4 Barrel carb.

      Like 1
  11. Mark Ritchey

    My first car I got it from my mom after the divorce. I got it in 72 I was 15. I tore this car apart from the ground up. At 16 it was all new. Came with a 289 that I had bored out. Really dark green with a white roof. Ioved that car.

    Like 0

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