Overdrive-Equipped 1962 Ford Galaxie 500 Club Sedan For Sale: A Classy Ford For The Frugal

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The idea of using an overdrive gear for fuel economy is such a good one that it’s shocking it didn’t catch on earlier in America, but in the land of cheap gas, powerful engines, and long rear axle ratios, it wasn’t really necessary. In some situations, however, overdrive would come in handy, such as in the wide-open spaces of Wyoming. The seller of this 1962 Galaxie 500 Club Sedan bought it from their sister-in-law in Casper, Wyoming, nine years ago, and it’s for sale on Hagerty Marketplace in Ellensburg, Washington.

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The trim tag has been posted so we can narrow this Galaxie down in more detail, starting with the VIN:

  • 2: 1962
  • P: Twin Cities (Minnesota) Assembly
  • 61: Galaxie 500 Two-Door Club Sedan
  • W: 292-cubic-inch two-barrel V8
  • 112665: This is the unit number, the 12,665th car off the Twin Cities line for 1962

The first row reads as follows:

  • 62A: This is just a reiteration of the model, seen above as “61”
  • DM: Ming Green lower body, Corinthian White upper body
  • 17: Turquoise cloth and vinyl interior trim
  • 04K: Scheduled assembly date of October 4, 1961
  • 8: 3.89:1 axle ratio
  • 2: Three-speed with overdrive transmission

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The 292 was the base V8, the old Y-Block in its last full season in Ford cars (it would carry on in trucks a bit longer). This car underwent a “mechanical and cosmetic refurbishment” after the owner picked it up from their sister-in-law, and that included a full engine rebuild. The 292 was a shadow of its earlier self by ’62, rated at only 170 horsepower and 279 lb-ft of torque. As Paul N has pointed out, the 1960-62 292 was detuned for (perhaps) fuel economy, but at least this car’s three-speed with overdrive would redeem its performance to some extent. The transmission itself should be Borg-Warner’s tough T-85 with a 0.70 auxiliary overdrive unit. With the steep 3.89:1 gears out back, that equates to a 2.72:1 overall ratio, which means that the owner could cruise those Wyoming vistas at 80 miles per hour with the engine humming away at something less than 3000 rpm. Nice choice, original buyer.

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The interior was redone at the same time as the mechanical bits; although the new upholstery looks very nicely done, it doesn’t match the original patterns in factory sales material, but few at the local car meetup are likely to notice. A funny thing about the sales ad: under the heading of “known imperfections,” the seller points out that the car has a transmission drip and “stained floor mats,” comments that say a lot about the probable honesty of the seller. Also, the car is advertised as having an automatic overdrive transmission, but clearly it does not. If you need more proof, see the clutch pedal in the photo above.

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It’s nice to see undercarriage pictures of any old car you’re buying, and the seller has posted several, but they’re dimly lit and taken at shallow angles. Nonetheless, they’re enough to know that rust isn’t an issue.

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The Galaxie was treated to new paint and rechromed bumpers during its “refurbishment,” in addition to a brake rebuild and new tires. That was, however, almost ten years ago, so at the very least, the big Ford might be due for a set of new tires. But ongoing maintenance is a fact of life for any old car, and this one seems to have had all the hard work done already. Besides, that overdrive gear is just as useful today as it’s ever been.

Related Reading

Automotive History: The Mysteries Of Automotive Epicyclic Or Planetary Overdrive Revealed – The Predecessor To Modern Overdrive (by Paul N)

The Mystery Of Why The 1960-1962 Ford 292 Y-Block V8 Was Such A Slug Is Finally Solved! (by Paul N)

Antique Store Classic: 1962 Ford Owner’s Manual, Decoding Some Fella’s New Car – Part II (by me)