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March 6, 2019 8:25 pm  #1

1961 Fairlane 500 Restoration

My Fairlane 500 as it appeared around 1986

Moving slowly ahead with the Fairlane resto.  I sent out a dual action fuel pump to be rebuilt.  I sent one out from a parts motor.  I liked this fuel pump because it has a cool glass filter bowl.  I think its a Blackstone brand.

This weekend I plan on disassembling the parts motor and harvesting any remaining good parts then scraping the rest.  Does anybody need a 61 Cruise-o-matic?  I plan on scraping it if no one needs it.


Last edited by finsrn (January 11, 2023 7:13 pm)


March 7, 2019 8:07 pm  #2

Re: 1961 Fairlane 500 Restoration

Looks like a fun project.  How expensive is the y-block rebuild going to be compared to an FE or a Windsor?


March 16, 2019 5:31 pm  #3

Re: 1961 Fairlane 500 Restoration

I'm not sure what the cost is of an FE or Windsor rebuild.  My machine shop quoted me $3,300 - $4,000 for the Y block rebuild.

     Thread Starter

March 16, 2019 5:46 pm  #4

Re: 1961 Fairlane 500 Restoration

This week we removed the 3 speed transmission.  Also prepping the motor so we can take it to the machine shop for rebuild.  I know it's been bored .030 over before and I believe the crank is .010 & .010.  I kept the oil changed regularly so I'm hoping it's rebuildable.

We found this neat mouse nest built from seat padding.

Engine on stand.

Last edited by finsrn (January 15, 2023 9:26 pm)

     Thread Starter

April 2, 2019 6:44 pm  #5

Re: 1961 Fairlane 500 Restoration

Slowly moving forward.  I received two new rear quarter panels from Classic Sheet Metal.  Also bought a new ring gear for the flywheel as the old one had a few worn teeth and I was planning on having the motor balanced while at the machine shop.
Also I removed the old exhaust manifold studs.

And drilled and removed a broken bolt from a hood I had in storage. Drilling the first hole takes a lot of time and patience.

Hopefully on to some more exciting tasks in the near future.


Last edited by finsrn (January 18, 2023 7:56 pm)

     Thread Starter

April 3, 2019 12:20 pm  #6

Re: 1961 Fairlane 500 Restoration

Looks like you've got your hands full! I passed on two different '62 Galaxies because they had Y-blocks and I wasn't aware of their potential at the time. Both were driveable cars but not great. 


April 7, 2019 6:16 am  #7

Re: 1961 Fairlane 500 Restoration

Thanks Daze for the new 3-speed shift lever.

Last edited by finsrn (January 18, 2023 8:00 pm)

     Thread Starter

April 7, 2019 6:58 pm  #8

Re: 1961 Fairlane 500 Restoration

Looks right at home.  Glad it worked for you and sorry it wasn't as pristine as it could have been


April 7, 2019 9:42 pm  #9

Re: 1961 Fairlane 500 Restoration

Not sure where you live but I am in eastern part of TN (Knoxville area), the machine shop that I have used for about 15 years is in Pigeon Forge (home of a lot of hot rod &  car shows, etc) and the average Y-block re-build runs about $2500 to $3000... that is total cost which includes machine shop cost, parts and labor cost for building.. That assumes an engine is sent to be re-built... not for a new build where everything has to be supplied.
I built 22 T-Bird 312 engines in a row several years ago for a local T-Bird club and the average out-the-door price was just a little over $3500 each but most of the engines had new BT 4V manifolds, new Holley carbs & new MSD ignitions.
I know prices vary depending on locale but that seems to be on the high side. Rick


April 8, 2019 12:38 pm  #10

Re: 1961 Fairlane 500 Restoration

They may be a little high on the Y block rebuild.  There aren't too many machine shops left around this area, much less ones that are familiar with Y blocks.  (I'm in Southwest Missouri).  This particular shop said they used to rebuild lots of Y blocks but that demand for them has dropped off in recent years.  Not sure why?

Last edited by finsrn (April 8, 2019 12:41 pm)

     Thread Starter

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