Scotsman:
That Scotsman wagon could NOT be more different to your new T-Bird.
The Scotsman was a special, loss-leader "stripper" model that Studebaker dealers could advertise at very low prices ($1776 for the two-door sedan), in hopes they could switch prospective buyers to something a little nicer - and more expensive - when they had them in the dealership.
The Scotsman had the smallest engine, the three-speed manual and the least amount of trim Studebaker could get away with. There was almost zero chrome on the car, except the bumpers, and every Scotsman had the same grey vinyl interior. It even had a manual choke, which was already rare in 1957. People were very attracted to the Scotsman's price, surprising Studebaker with strong sales (Eleanor Roosevelt owned one). This positive response to an economical model led Studebaker to come up with the Lark for '59.
Personally, I'd love to own a Broadmoor, the top-of-the-line Studebaker wagon of the time. Those could be optioned to the gills, and they were very nice cars indeed.
I wish you well with your T-Bird. Does it have a vinyl roof, or is it the white painted roof? Very, very pretty car.