The 1968 Mercury Comet shares Ford Falcon underpinnings with simple mechanicals that are generally reliable, but suffers from era-typical rust issues, steering component wear, and timing chain stretch on higher-mileage engines.
Timing Chain Stretch and Failure (all engines)
Common · high severityTypical onset: 80,000-120,000 mi
Symptoms: Rattling noise from front of engine on cold starts that disappears when warm, Rough idle and poor performance due to retarded cam timing, Check timing marks — cam gear off by several degrees indicates stretch, Catastrophic failure rare but possible, leading to valve-to-piston contact on some engines
Fix: Replace timing chain, gears, and tensioner. On V8s, 4-6 hours labor including setting timing and checking oil pump drive. I6 engines slightly less time. Smart shops replace the nylon cam gear teeth regardless of appearance — they deteriorate with age.
Estimated cost: $400-800
Floor Pan and Torque Box Rust
Common · high severitySymptoms: Visible rust perforation in front floor pans, especially driver side, Rear torque boxes (where rear leaf springs mount) show surface rust or structural rot, Trunk floor rust-through near wheelwells, Frame rails behind front wheels develop scale and holes in rust-belt cars
Fix: Patch panels available but proper repair requires cutting out rust and welding in new metal. Floor pans: 8-12 hours per side. Torque boxes are structural and critical for safety — 6-10 hours each side if replacement sections available. Many cars have had amateur repairs that look okay but aren't structural.
Estimated cost: $1,200-4,000
Manual Steering Box Wear and Looseness
Common · medium severityTypical onset: 70,000-100,000 mi
Symptoms: Excessive play at steering wheel (more than 2 inches at rim), Wandering on highway requiring constant correction, Clunking feeling through wheel when turning from center, Adjustment of sector shaft only helps temporarily
Fix: Rebuild kits available but worn boxes often need replacement. Used boxes are plentiful. Replacement takes 3-4 hours including alignment of steering column and drag link. Check pitman arm splines and idler arm simultaneously — typically worn at same interval.
Estimated cost: $350-650
Front Suspension Ball Joint and Idler Arm Wear
Common · high severityTypical onset: 60,000-90,000 mi
Symptoms: Clunking over bumps from front end, Tire wear on inside or outside edges, Steering wander and poor return to center, Visible vertical play when prying under tire with car jacked up
Fix: Upper and lower ball joints plus idler arm should be done together. Uppers are riveted from factory — need drilling out and bolting in replacements. 5-6 hours for both sides plus idler arm, then alignment. These cars have no sway bar on base models, making tight ball joints critical for handling.
Estimated cost: $600-1,000
289/302 V8 Intake Manifold Gasket Leaks
Occasional · medium severityTypical onset: 50,000+ mi
Symptoms: Coolant weeping at front or rear of intake manifold, Slight loss of coolant with no external drips — leaking into crankcase, Milky oil or coolant in oil if leak is severe, Vacuum leak causing rough idle if gasket fails at port
Fix: Remove intake manifold, clean all surfaces thoroughly, install new gaskets with proper RTV at end rails. 4-5 hours labor. The small-block Ford end seals are notorious for weeping if not installed correctly with the right sealant. Use Fel-Pro gaskets, not the cheap composite sets.
Estimated cost: $350-600
Single-Reservoir Brake Master Cylinder Failure
Occasional · high severityTypical onset: varies — age-related
Symptoms: Soft brake pedal that goes to floor with repeated pumping, Brake fluid leak visible on booster or down firewall, Internal seal failure causing loss of all braking with no warning
Fix: Replace master cylinder. 1968 uses single-reservoir design — complete brake failure possible if it fails. Upgrade to dual-reservoir 1969+ unit highly recommended for safety (direct bolt-on). 2-3 hours including bleeding entire system. Check all wheel cylinders and flex lines while system is open.
Estimated cost: $200-400
Generator (Not Alternator) Failure and Wiring Issues
Occasional · medium severitySymptoms: Ammeter shows discharge at idle or low RPM, Dim headlights at idle, brightening with RPM increase, Dead battery after short trips, Voltage regulator cycling rapidly (clicking sound)
Fix: 1968 still used generators on base models — brushes wear out and output drops. Rebuild takes 2 hours but conversion to alternator is smarter: $150 in parts, 3 hours labor including bracket fabrication or adapter. Check for corroded bullet connectors in charging circuit — common failure point that mimics bad generator.
Estimated cost: $250-500
Buy one if rust-free and mechanically sorted — simple to work on and parts are cheap, but hidden rust and deferred maintenance will drain your wallet fast.
AI-assisted summary drawn from NHTSA recall data, our labor-times database, and platform knowledge. Not a substitute for a pre-purchase inspection on a specific vehicle.