Rebuilt 351: 1972 Mercury Cougar XR-7 Convertible

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This 1972 Mercury Cougar XR-7 Convertible is more than a pretty face. It presents nicely, with no glaring major problems. However, the seller recently rebuilt its V8 and transmission, making it a turnkey proposition. I must say a big thank you to Barn Finder Curvette for spotting the Cougar listed here on Craigslist in Port Angeles, Washington. The seller’s price of $8,500 makes it an affordable option for those seeking a first classic to park in their garage.

Mercury introduced its Second Generation Cougar for the 1971 model year. As with its predecessor, it shared most of its underpinnings and mechanical components with its Ford Mustang cousin. This Cougar Convertible rolled off the line the following year as the XR-7 variant. Its first owner ordered it in White with a Brown power top. It is quite a subtle combination, although the aftermarket wheels make it look more aggressive and purposeful. The seller doesn’t mention a restoration history, suggesting it could be a survivor. Its presentation is extremely tidy, with no significant paint or panel imperfections. The new top fits as tight as a drum, and there are no obvious signs of rust. The trim is in good condition, and the glass is clear. If first impressions count for anything, this Mercury looks like a winner from the outset.

Trimmed in Brown leather, this Cougar’s interior is as tidy as its exterior. There might be deterioration on the passenger door trim, but it could also be nothing but a photographic illusion. The remaining upholstered surfaces are free from problems, and the carpet is clean. The first owner remained conservative with factory options, restricting their box ticking to an AM radio. However, with bucket seats and a console with a deep storage bin, life aboard this Cougar would be pretty comfortable.

Lifting the hood reveals what could be this Cougar’s party piece. The first owner ordered this classic with a 351ci V8, a three-speed automatic transmission, power steering, and power front disc brakes. As the 4V variant, the motor would have delivered a factory-quoted 246hp and 301 ft/lbs of torque when it left the factory. This XR-7 could potentially match those figures today, courtesy of the seller treating the V8 and transmission to a rebuild. That is excellent news for potential buyers, because it should ensure that this classic is a turnkey proposition. Therefore, flying in and driving home is a realistic option.

This 1972 Mercury Cougar XR-7 Convertible has only been on the market for a few hours. It isn’t perfect, but it would seem ideal for someone seeking a driver-grade classic that will provide immediate motoring pleasure and easy maintenance. The seller’s price looks exceptionally competitive, especially considering the recent mechanical refresh. I suspect that interested parties may need to act fast, because it should find a home quite quickly. Are you interested?

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Comments

  1. Stan StanMember

    Will move along effortlessly regardless of gears out back. Can’t be that many left around from 72′

    Like 10
  2. CATHOUSE

    The asking price seems quite low to me for a car that appears to be in as good a condition as this one seems to be. I would think a more realistic price would be closer to double the current asking price. I would advise anyone considering this car to proceed with caution as I smell what is very likely a scam posting.

    Like 13
  3. Nelson C

    I have always liked these cars. So much style and a bit more personal than the personal luxury coupe that would soon follow. Hop in and drive.

    Like 3
  4. hairyolds68Member

    solid looking cat. put a set of 500 wheels on it and drop the top and cruise.

    Like 4
  5. Fox Owner

    Not to nitpick but that looks like vinyl not leather upholstery. Fine car, maybe it should command more but maybe the owner isn’t greedy or has some reason to unload it. It needs AC though.

    Like 4
  6. This is one nice car for the price. Will sell quickly if it is legit.

    Like 3
  7. Malcolm Greer

    I own one of these, except in medium blue. Cathouse is both a Cougar expert, and a dealer in Cougar parts on the East Coast. I could not have rebuilt mine without some of his parts. His advice should be well-taken. In the seller’s small print the odometer has rolled over, making this 170,000 +. Also, Fox Owner is spot-on. The seat covers are replacements, as the leather seating surfaces originally installed on this car would show lots of crinkles. Aftermarket only makes all-vinyl ones. Some of them omit the Cougar emblem embossed on the upper backs. Plus, the dash is a bit faded, and the top has been replaced with a plastic window. If it were that great, Don Rush would be selling it.

    Like 2

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