Just cut the fuel line right behind the ferrule(s) with a sharp hacksaw blade. You will only lose a 1/4" of the fuel line at each end. You can easily re-bend the fuel line if necessary to take up this miniscule loss and the line's contour will still look o.k.
After cutting off the ferrule end(s) of the fuel line, run a drill bit up each end to smooth out any burrs left inside from cutting. Finish by hand filing the edge(s) of the fuel line to remove any rough remains until you can slide the new ferrule onto the fuel line. Ensure that the ends of the fuel line are level across their faces, no pointed edges. If jagged, hand file them level. Once the ferrule fits, remove it and slide the nut on the fuel line, followed by the ferrule.
If your car has the steel sediment bowl on the firewall, set both ferrules there instead of at the carb. This is especially important if your car has a pot metal Tillotson carb, whose inlet threads are easy to strip when setting the ferrule. If you have a Zenith carb, you could set the ferrule there, but it's much easier to start the nut into the sediment bowl than in the carb. Afterwards, ensure that only 1/4" or so of the fuel line extends past the ferrule. Any longer at the carb end and a long fuel line will poke into the end filter and restrict fuel flow. Tighten the sediment bowl nut and the carb nut alternately until they won't turn any more. This ensures the nuts will not cross-thread.
I have saved many fuel lines following this simple procedure, which only costs the price of one or two ferrules.
Marshall