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1956 Continental Mark Ii Black With 40,924 Original Miles on 2040-cars

US $35,000.00
Year:1956 Mileage:40924
Location:

Los Angeles, California, United States

Los Angeles, California, United States

The Continental Mark II was the elite automobile of the mid 1950’s rich and famous and was owned by many celebrities such as Elvis Presley, Frank Sinatra, Louie Prima and Dwight Eisenhower to name a few.

 

The Continental Mark II was not made by Lincoln, but was made by the short-lived Continental Division of the Ford Motor Company.  The Mark II’s sticker price was $10,400, twice the price of the 1956 Lincoln.  Much of the car was assembled by hand and Ford claimed it lost $1,000 on each Mark II sold.  The unprofitable Mark II and the Continental Division were discontinued after Ford went public in 1956, even though these cars brought people into showrooms to buy other Ford products.

 

During the 1956 model year (June 1955 through September 1956) 2,550 Mark II’s were built, and during the 1957 model year another 444 were built – for a total of 2994.  It is believed that there are about 1,500 Mark II’s still in existence. 

 

This two owner car is a mostly original, mostly unrestored example.  The car was bought new by a father that owned a dealership as a college graduation present for his daughter.  We believe that she drove the car from 1956 until 1967 when it was properly placed in storage.  It was sent to auction in 2007 where the current owner purchased it.  The car currently has 40,924 original miles based on the odometer and receipts received with the car.  Some original service records were received with the car. 

 

The current owner has receipts totaling $35,000 spent to make the car safe and roadworthy. Belts and hose were replaced, four new tires and a complete exhaust system, were installed.  The starter and generator were rebuilt and all electric windows were made functional.  The transmission, rear end, and engine were all properly serviced.  Halogen lights were installed for safe driving at night.  The car functions and drives as it did when new in 1956.

 

There is an after-market air conditioning system installed which can easily be removed.

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Auto blog

Ford Q3 pretax profits drop to $1.18B

Fri, 24 Oct 2014

Following positive third quarter financial results recently from General Motors, rival Ford took a tumble in Q3. The automaker posted pre-tax profits of $1.18 billion, compared to about $2.59 billion in Q3 2013, a drop of around 54 percent. Net income also suffered with $835 million made in the quarter, versus $1.272 billion last year, a decline of about 34 percent. The Blue Oval blamed the gloomy figures on three reasons in its release: "lower volume, higher warranty costs and adverse balance sheet exchange effects."
There were problems of one kind or another in practically every region. North America experienced higher warranty costs than expected, partially due to recalls. The sales volume for the quarter was 665,000 units, versus 725,000 in Q3 2013, and pre-tax results amounted to $1.41 billion versus $2.296 billion last year.
South America and Europe both posted worse pre-tax results than last year. On the bright side, European volume was up slightly to 321,000 vehicles, from 303,000 in Q3 2013. The Middle East and Africa also lost $15 million, but that was an improvement compared to the $25 million loss previously experienced in this region.

Ford cuts production at 5 plants, has big backload of cars including Mustang

Wed, Sep 20 2017

DETROIT — Ford said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models. The plants affected include three assembly plants in the United States and two in Mexico, the company said in a statement. The vehicle models include the Ford Fusion and Lincoln MKZ midsize sedans, the Ford Focus compact car, the Lincoln Continental and Ford Mustang, Ford Fiesta and the Ford Transit van. Ford said the Cuautitlan assembly plant that builds the Fiesta would be idled for three weeks. The Hermosillo, Mexico plant that builds the Fusion and MKZ and the Flat Rock, Michigan, factory that assembles Continentals and Mustangs will be idled for two weeks each. The Michigan Assembly plant that builds the Focus will be idled for one week, and the Kansas City assembly line that builds Transit vans will be down for two weeks. Ford did not give dates for the temporary shutdowns. The factories involved employ more than 15,000 people, according to Ford's website. The company did not say how many of those workers would face temporary layoffs. As of Sept. 1, Ford had 111 days' worth of unsold Mustangs, 87 days' supply of Fusions, and a 103 days' supply of Transit vans, according to Automotive News. Dealers had enough unsold Lincoln Continentals to last 162 days. Automakers aim for 65 to 70 days of inventory of most models. Ford and rival General Motors have wrestled most of this year to rein in high inventories of passenger cars as consumers have shifted to buying pickup trucks and sport utility vehicles. Production cuts slice into revenue, but also could help the automakers avoid deeper price cuts on vehicles they can sell. Reporting by Joe WhiteRelated Video: Image Credit: Reuters Plants/Manufacturing Ford Lincoln Convertible Coupe Minivan/Van Sedan ford transit inventory flat rock kansas city assembly plant hermosillo

NHTSA closes rollaway investigation into 1.56M Ford SUVs

Mon, 11 Mar 2013

It's taken four years of study, but the National Highway Traffic Safety Administration has finally closed the books on its investigation into rollaway accusations surrounding 1.56-million Ford SUV models.
The probe, which centered on the 2002-2005 Ford Explorer, 2002-2005 Mercury Mountaineer and 2003-2005 Lincoln Aviator, ends without the federal agency calling for a recall. According to The Detroit News, the investigation was closed due to a "low number of complaints" - NHTSA documented 180 such complaints that resulted in 14 crashes and six minor injuries, but the number of incidents have been slowing. The suspected defect rate for the trucks' automatic transmissions was found to be 4.4 per 100,000 units, and the brake-shift interlock mechanism failure rate was judged to be even lower at 3.4 per 100k.