1978 Mercury Cougar XR-7







Ended Oct 29, 2025 at 6:04 PM UTC
Addenda and errata
Due to the volume of this collection, the seller advises that no title/registration reassignments will be processed until the collection closes, after October 29th. They will then be processed in the order of payments received.
Video gallery

Description
OFFERED WITHOUT RESERVE
Out of a combination of a lifelong automotive passion and an unyielding desire to support the people of his Alabama community, the Generous Collection was born. Mr. Greg Rusk, a successful business leader in the cardboard industry, with a big heart for helping families and friends in times of need, would regularly pay overly generous fees to acquire an interesting vehicle. After decades of collecting and supporting local automotive enthusiasts, the Rusk family is ready for these vehicles, each with their own story, to write their next chapter back on the road, where they belong.
The Generous Collection debuts with Part 1 offering over 200 cars in October, all offered without reserve, emerging from years of long-term silent storage. Many additional lots will be offered in the coming months. From the quiet shadows of the Generous Collection to the sunshine of backroads and highways, enthusiasts now have the opportunity to own a piece of a generous car-collecting legacy.
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As part of the fourth-generation Mercury Cougar lineup, the 1978 model shared its platform with the Ford LTD II and embraced a more formal, upscale design. The XR-7 trim was the top-tier offering, featuring opera windows, a vinyl half-roof, and plush interiors that emphasized comfort over performance. The XR-7 embodied the late-1970s trend toward boulevard cruisers — stylish, spacious, and ideal for leisurely driving. With over 166,000 units produced, it was the most popular Cougar variant that year.
Buyers could choose from several V8 engine options, paired with Select-Shift automatic transmissions, including a 351 cubic-inch version with two-barrel carburetor like the one up for auction.
Standard features for ’78 included power steering, front disc brakes, bucket seats, and performance instrumentation. Buyers could opt for numerous luxury upgrades, including Automatic Climate Control and power windows, door locks, mirrors, and seats — all of which were selected by the original owner of this Dark Jade 1978 Cougar XR-7.
Highlights
Offered from The Generous Collection
Powered by a 351 cu-in V8 with two-barrel carburetor
C6 three-speed automatic transmission
The data plate/sticker decodes as:
Color: 46XU – Dark Jade Metallic with Chamois vinyl landau roof
DSO: 32 – Cincinnati (Ohio) District Sales Office
Body: 65L – XR-7 2-Door Hardtop
Trim: DT – Chamois Vinyl Interior
Sch. Date: 08C – 8 March 1978 scheduled build date
Axle: 1 – 2.75:1 rear axle ratio
Trans: X – C6 automatic transmission
A/C: A – Factory air conditioning
The chassis number (8H93H602143) decodes as:
8 – 1978 model year
H – Lorain (Ohio) assembly plant
93 – Cougar XR-7 two-door hardtop
H – 351 cu-in 2bbl V8
602143 – Sequential Production Number
Features
Power steering and front brakes
Optional power windows, door locks, mirrors, and seats
Automatic Climate Control
85-mph speedometer
Woodgrain dashboard trim
Kenwood AM/FM/Cassette stereo
Center console
Uniroyal Tiger Paw GTS
“Continental” style rear deck
Opera windows
Known Imperfections
While reasonable efforts were made during preparation for the sale, due to the volume of cars in this collection, it was not possible to diagnose or detect all imperfections present in the cars.
Paint chips
Scuffs on wheels and exterior trim
Missing trim on passenger door
Clock is inoperable
Included
Spare tire
Jack
Keys
Ownership History
This 1978 Mercury Cougar XR-7 is offered from The Generous Collection of no reserve automobiles.
Additional Notes
A Broad Arrow Auctions Specialist is working as an agent on behalf of the owner of this vehicle. Broad Arrow Auctions is a wholly owned subsidiary of Hagerty.
Contact: Ramsey Potts Phone: 912.508.4096 email: rpotts@hagerty.com
Alabama Sales Tax Notice to Bidders: Because this car is located in Alabama, the selling dealer may be required to collect and remit Alabama state sales taxes of up to 2% of the purchase amount, even if the buyer plans to register the car outside of Alabama, if (a) the buyer is located in AZ, CA, FL, IN, MA, MI, or SC (capped at $500 in SC), and (b) the buyer does not transport the car out of Alabama using a common carrier (e.g., if the buyer drives the car or transports the car out of Alabama on a personal trailer). Additionally, the selling dealer may be required to collect and remit Alabama county or city taxes from buyers located outside of Alabama, if (a) the buyer does not transport the car out of Alabama using a common carrier (e.g., if the buyer drives or transports the car out of Alabama on a personal trailer), and (b) the buyer fails to provide an executed Drive-Out Certificate for Nonresidents. For additional information, please consult this publication and your own tax advisor regarding sales taxes applicable to cars located in Alabama that are sold to residents of another state.
Please note that all lots in The Generous Collection are offered after many years of storage, without operation or service, in warehouse facilities. The seller endeavored to provide limited mechanical servicing to bring some cars back to running potential, however, not all cars will be running at time of sale. Because of the extended static display, it must be assumed that all cars will require additional mechanical attention before being driven safely and, in most cases, cleaning to both the interiors and exteriors. All the cars will have imperfections associated with long-term static storage and require extensive sorting to perform best and safely. The burden of determining a car’s status, both mechanical and cosmetic, rests fully on the bidder, prior to bidding and the close of the auction. All lots are sold as is, where is.
Additionally, due to the location of the collection and limited access to the facility following the close of the auction, all lots must be retrieved while a Hagerty Marketplace representative is onsite beginning Monday, November 3 through Wednesday, November 19. No cars can be retrieved prior to November 3 and any lots remaining after November 19 will be re-located outside in the parking lot for retrieval by their buyers.
All auction listings on Hagerty Marketplace are created using information provided by the seller. The Marketplace team and the seller have reviewed all information for accuracy to the best of their abilities. Bidders are ultimately responsible for conducting their own due diligence before placing a bid, including verifying details, condition, registration requirements, and compliance with applicable laws. For any questions or additional information, contact the seller.
