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1978 Lincoln Mark V

VIN: 8Y89A882958
visibility 20
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For Sale
$12,500
Apr 12, 2025
Private Seller
Colorado Springs, Colorado, USA
94,000 mi
Automatic
LHD
Original & Highly Original
  • OVERVIEW
  • DESCRIPTION
  • MEDIA
  • HISTORY (1)
  • SPECS
  • COMPS (30)
  • TAXONOMY
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About this 1978 Lincoln Mark V

VIN: 8Y89A882958

This is my 1978 Lincoln Mark V for sale. I bought the car in 2015 to fulfill my lifelong desire to own one a true American Classic. All the years of automotive innovations cannot duplicate the feeling of pure luxury that this car delivers. The drive quality in this car is awesome! All the bumps and flaws in the road are absorbed by the comfortable suspension allowing you to float along on a cloud while you listen to your favorite music on the quadraphonic 8 track audio system. The power steering allows you to direct this large car with the flick of a finger while the cruise control maintains a constant speed.

The car had been garaged since 2001 but started up right away, and I was able to drive from Leadville, Colorado to Colorado Springs, Colorado a distance of 130 miles. 1978 was the last year the 460 (7.5 liters) engine was offered. The engine is mated to a silky smooth transmission and drives the power accessories without hesitation. This giant V8 makes enough torque to provide the sensation of limitless acceleration.

This car is an unmolested survivor. I have been cautious not to make any period incorrect changes other than items such as upgrading the air conditioning to R34 and LED headlights. My goal was to maintain originality as it can only be original once! To that end, there are some paint blemishes and minor cracks on the dash and steering wheel. I have shown it at many of the local Lincoln Club events where it draws many admirers.

Over the last couple of years, I have spent approximately $15,000 on getting this car to this condition and can provide many receipts. The car has a new battery, tires, all new belts, new brakes, new brake lines, u-joint, hose clamps, fuel line. The air conditioning has been converted to R34A and blows cold. Please see the attached list for a complete list of work performed.

As a result of all of the above work, the car is very reliable. On days with good weather, it serves as my daily driver as well as shuttling the kids to various events. I often drive it to Denver (a 150-mile round trip) for Lincoln Club events without any issues.

The car is available for sale in Colorado Springs, CO.

Market Summary

The Lincoln Mark V (1977 to 1979) market. See Similar Markets

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The Lincoln Mark V, also known as the Continental Mark V, was introduced for the 1977 model year. Part of the Lincoln Mark Series, the Mark ... Learn more.
There are 67 Lincoln Mark Series for sale across all model years (1969 to 1998) and variants, 30 are Mark V and 5 are model year 1978 . There were 232 Mark V sold in the last 5 years.

What's it Worth?

There are 30 comps for this 1978 Lincoln Mark V indicating a price range from $10,462 - $19,996 .

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Vehicle History

A timeline of events that we've detected for this vehicle.

Jul 6, 2015
Purchase reported via public record for $3,750
Colorado, USA

Comps

Comparable recent listings. See related attributes next to the score.

1978 Lincoln Continental Mark V

Original & Highly Original
6865 mi 16k mi
Manual transmission Automatic
LHD steering LHD
For Sale
$12,900
Mar 5, 2025
91% Relevance
Relevance Score Criteria

Model
Year
Make
Model Family
Model Generation
Model Variant
Model Trim
Powertrain
Engine
Transmission Type
Drive Type
Mileage
  • 10K - 20K
Body
Vehicle Type
Body Style
Doors
Driver Side
Ext. Color Group
Int. Color Group
Other Details
Originality
Location
Recency

1978 Lincoln Continental Mark V Coupe

Original & Highly Original
6865 mi 5k mi
Manual transmission Automatic
LHD steering LHD
Sold
$10,450
Dec 7, 2024
90% Relevance
Relevance Score Criteria

Model
Year
Make
Model Family
Model Generation
Model Variant
Model Trim
Powertrain
Engine
Transmission Type
Drive Type
Mileage
  • 2K - 10K
Body
Vehicle Type
Body Style
Doors
Driver Side
Ext. Color Group
Int. Color Group
Other Details
Originality
Location
Recency

1978 Lincoln Continental Mark V

Original & Highly Original
6865 mi 103k mi
Manual transmission Automatic
LHD steering LHD
Not Sold
$9,500
Oct 11, 2023
90% Relevance
Relevance Score Criteria

Model
Year
Make
Model Family
Model Generation
Model Variant
Model Trim
Powertrain
Engine
Transmission Type
Drive Type
Mileage
  • 82K - 103K
Body
Vehicle Type
Body Style
Doors
Driver Side
Ext. Color Group
Int. Color Group
Other Details
Originality
Location
Recency

Specs

Details about this vehicle - curated by our market specialists.

Year
1978
Model Family
Model Generation
Model Variant
Mark V
Model Trim
-
Engine
460ci V8
Transmission
Automatic
Drive Type
Rear Wheel Drive (RWD)
Originality
Original & Highly Original
Mileage
94,000 mi
VIN
8Y89A882958
Vehicle Type
Automobile
Body Style
Coupe
Doors
2 Doors
Driver Side
Left Hand Drive
Ext. Color Group
Blue
Int. Color Group
Blue

Taxonomy

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