In 1956, the Park Lane name was used by the Ford Division as it created a two-door station wagon intended as a competitor for the Chevrolet Nomad.

[1] Available in two-door and four-door hardtops and convertible coupes, the Park Lane offered the same body styles as the Turnpike Cruiser which it replaced, though its distinctive "breezeway" rear window was adopted by the Continental Mark line.

In 1961, the Park Lane name was dropped (along with the Montclair) as the division reorganized its marketing efforts towards the better-selling Monterey alongside the introduction of the Mercury Comet compact.

In contrast to the previous generation, the Park Lane used the same wheelbase as other Mercury lines, differing primarily in trim.

[2] As the highest-priced, premium trim, many Park Lanes were fitted with the option of a "breezeway" retractable rear window that was first used on the Turnpike Cruiser and the 1958-1960 Continental.

For an option on the Park Lane hardtop coupe and convertible models, the sedan and convertible introduced "yacht deck paneling" body trim which was essentially the same simulated woodgrain DI-NOC used for the Colony Park station wagon; "yacht deck paneling" was a rarely ordered option.

[2] The Brougham differentiated itself from the standard Park Lane by featuring "Twin Comfort Lounge" 50–50 split bench seats with deep foam padding and a unique thick box-style cloth upholstery pleating, with matching upscale door panels with higher trim levels and pull straps, and unique ornamentation.

[2] The term "brougham" was traditionally used for horse drawn carriages then luxury sedans which accommodated a driver in a separate compartment from the passenger, also related to a town car.