The seventh generation of the Ford Thunderbird is a personal luxury car that was built by Ford from the 1977 to the 1979 model years. In a key marketing shift for the model range, Ford repackaged the Thunderbird from a full-size car to a large intermediate car. Rather than being the Ford counterpart of the Continental Mark V, the Thunderbird would share design commonality with the Mercury Cougar (doing so through the 1997 model year).

The squarer, sharper styling was popular, as this generation became the best selling in the history of the Ford Thunderbird. It helped by a $2,700 drop in price from 1976, over 318,000 sold in 1977 and 352,000 in 1978 (the best single sales year in Thunderbird history), followed by 295,000 in 1979. The styling of its unique wrap-over roof-line would carry over in smaller versions as the 1978–1983 Ford Fairmont Futura and the Mercury Zephyr Z-7 coupes which were originally designed as Fairmont-based downsized Thunderbird proposals.

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