The shape of the 1932 Ford is arguably the most recognized in all of rodding. Styled by Edsel Ford and produced for only one year these cars are the most emulated in shape and historically often most desired by rodders. The Phaeton which was a four door version of the ’32 Model 18 was also very popular and even available as a four door convertible. We’ve seen stellar examples of these cars sell in the six figure zone at auction.

PEP began with this very stock appearing '32 Phaeton and built the car around Ford's Coyote 5.0 crate engine.

PEP Classic Car company, recently spent a year turning what looked to be a very nice old Phaeton into a very hot street rod. The company is a spinoff of EJP Racing and has a long racing history to include NASCAR. Chassis and other custom fractionation work is something they’re no stranger to and the company is fully prepped to handle everything from basic repairs and maintenance to full on frame-off restorations and customs such as the ’32 Phaeton shown here.

We recently came across this video outlining the build of the car and it’s performance. PEP used the original ’32 Phaeton frame and body, though both have been heavily modified. The frame has been fully boxed and reinforced with a custom cross member to fit a new Ford Racing Performance Parts Coyote 5.0 crate engine. In fact several times in the video it’s stated the entire project was designed and built around the Coyote 5.0 engine. Up front an independent front suspension with coilovers has been fitted, while out back the setup is ladder bars and coilovers and Baer brakes take care of the stopping at all four corners.

Harnessing the 412HP of that Coyote engine is a Tremec five-speed manual transmission backed up with a 9-inch Ford rear carrying 3.50 gears. The engine has had some significant chrome work done and we also like the custom air intake tucked up like an elephant trunk and riding atop the intake manifold. Long-tube headers and HushPower mufflers handle the exhaust note, which can be heard quite well throughout the video. 

Inside the car was treated to an Ididit column and Billet Specialties steering wheel. The dash is from a 1940 Ford and utilizes Auto Meter gauges. PEP handled all of the car’s wiring in house and the upholstery is all custom throughout and was crafted by ARS interiors.

Outside the car really shines and what drew our attention immediately is the split Duvall windshield which really gave the car an aggressive look. New 5.0 badges also adorn the sides of the cowl. The side panels have been left off the car, allowing the chrome work to really shine and lending to the car’s aggressive street rod look as well. The door handles have been shaved and the hinges hidden cleaning up the rest of the exterior. PEP also integrated the taillights into the body. The exterior was sprayed in Hot Hues Starry Night by S&S Paint Worx. For the perfect stance, a set of Billet Specialties wheels, 17- inch front and 18-inch out back wrapped with Kumho rubber, were bolted up to the completed suspension components.

PEP was not afraid to get this car out and drive it to show it off for the video. There are several runs through the gears where you can hear the Coyote howling through the HushPowers. There’s also a nice smokey burnout at 2:43, you definitely get the impression these guys built this car to be driven and enjoyed.

We love the blend of classic rod styling and modern technology as well as a few hints of racing influence. Checkout the video and let us know what you think in the comments below!