Customs 1960 Lincoln Continental Mark V value??

I have an opportunity to purchase a 1960 lincoln continental Mark V 4 door, with 60k original miles, and has been sitting in a dry garage for 40+ years. The original interior and paint are still in very good condition. What would be a reasonable price to pick it up for? Are these cars even worth much running and driving?
It will probably need:
wheel cylinders
master cylinder
water pump
battery
carb rebuilt
gas tank cleaned
and of course all the mouse terds vacuumed up and the wiring inspected.

Thanks in advance!
Kevin

 

They are worth redoing. Not necessarily a get rich quick car, I mean it's not a flip and make money on. It is worth it if you're planning on keeping it and enjoying it.

 

Here is a rough guide. Even a 59 flower car

 

You need some serious real estate just to own it! I'd hate to color sand and polish one...

 

Rocker arms are a common wear item on these also. These cars are great road cars if you like floating
down the road and getting thumbs up. My girlfriends Dad has had his 60 convertible since 1963, she
likes it more than his 47 Continental Convertible, probably since she remembers growing up with it.
Imagine a 1500 mile trip to Florida with no A/C and the top down!

 

I had a 59 "Capri" (lower model than the Premier) with 55000 original miles and a survivor. It was a great road car. It was huge and reliable. Definitely check for rust but otherwise completely different than everything else...a case of "why the hell did I sell it".....

 

Big beautiful cars, but parts will be 2 to 4 time more expensive and difficult to find then a 1960 Ford. You can't beat the power and torque of the 430 MEL under the hood. Buy it, fix it, and enjoy it, but realize that the only way to make a small fortune with old Lincolns is to start with a big one.

 

Old Car Price Guide says #5 'restorable' $2880. #4 'good' running or close to it, but needs a lot of work, $4800.

This is for a Mark V 4 dr HT. The Premiere, plain Lincoln, or 4 dr sedan are worth less.

 

In 1960 Lincoln offered a smaller engine- to give better economy, don't think it will have the 430.

 

Thanks guys. I figured it wasn't worth a fortune but would be awesome to cruise around in. I will need to find a landing strip to park the thing if I buy it. It is MASSIVE. Will keep everyone posted.

 

It wasn't any smaller, but there was an economy version of the 430 offered. The 315 Hp 2 bbl replaced the 375 Hp 4 bbl used in '58 and '59.

 

Do you have any pictures of it? Thanks Bruce.

 

Sorry the pics are crappy (no pun intended) and up close, there is NO room around this big old boat. And it was buried with junk.

 

Kevin, the inside looks pretty nice.I would take a shot at it if the price was fair and the motor wasn't locked up and she had a TITLE.As for getting a landing strip for her to land and take off on that's your problem.LOL. Keep us posted on what you do.Thanks.Bruce.

 

Neil Young gets 65 mpg with his '59.