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1962 Mercury Meteor
2dr Sedan
6-cyl. 170cid/101hp 1bbl
#1 Concours condition#1 Concours
#2 Excellent condition#2 Excellent
#3 Good condition#3 Good
$5,800*
0%
#4 Fair condition#4 Fair
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Apr 2025
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1962-1963 Mercury Meteor stats
Highest sale
$16,500
Lowest sale
$2,200
Most recent sale
$16,500
Sales
12
Photos
6 photosImages may not reflect selected vehicle.
Past sales
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Model overview
Model description
For 1962, Mercury repositioned its full-size Meteor, shifting the name to a mid-size sibling of the Ford Fairlane that utilized a 116.5-inch wheelbase. Advertisements for the new car touted its twin personalities: small size coupled with surprising roominess and luxury.
The Meteor was available as two- and four-door sedans, a two-door hardtop, and a four-door station wagon, and could be ordered with 170-cid and 223-cid six-cylinder engines, as well as a 145-hp 221-cid V-8, or a 260-cid V-8 with 164 hp. Both manual and automatic transmissions were possible, and a standard, a Custom, and an S-33 trim (only available on two-door models) widened the car’s range. The Custom added slightly more trim and comfort inside, while the S-33 added sportier features like bucket seats and a center console.
Mercury added a four-door station wagon and a hardtop coupe to the Meteor lineup for 1963, and also freshened the exterior slightly. The four-door station wagon could be decorated with DI-NOC faux wood siding, and a four-speed was added to the options list, though few were ordered. Engine choices remained largely the same. Sales of 100,000 over the two-year run didn’t meet company expectations, however, and the model was cancelled for 1963.
The 1962 and 1963 Mercury Meteor wasn’t particularly powerful or fast, but it was certainly stylish. It also offered a greater degree of comfort than similar Fords. All the same, relatively few were built which can make locating a solid example difficult, and locating replacement parts even more troublesome.
Vehicle specifications
- Vehicle Length203.8 in
- Wheelbase - Inches116.5 in
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Common Questions
The value of a 1962 Mercury Meteor can vary greatly depending on its condition, mileage, options, and history. Typically, you can expect to pay around $5,933 for a 1962 Mercury Meteor in good condition with average spec.
Many factors can increase a car's value including excellent condition, exceptional originality, a recent restoration, low mileage, unique provenance, desirable options, popular or unique color choices, and excellent maintenance records. Upgrades and modifications that enhance performance or aesthetics can also add value.
Factors that can decrease a car's value include unusually high mileage, poor maintenance history, visible wear and tear, accidents or damage, title issues, and gaps in ownership history. Additionally, less popular color choices and extensive modifications that don't appeal to a broad audience can reduce value.
Mileage plays a significant role in a classic car’s value. Lower mileage usually increases value because it indicates a higher degree of originality, is rarer, and suggests less wear and tear. However, cars with exceptionally low mileage may also have maintenance needs due to lack of use. Whether someone should pay more for a vehicle with lower miles will depend on how they plan on using it, and the vehicle's specific condition.
The value of modified cars differs widely based on the type and quality of modifications. While some modifications can significantly increase value, especially performance enhancements and high-quality custom work, others may not add much or could even detract from the car’s value if they appeal to only a limited audience.