Bought this car last year and I have put 20K miles on it. It has always started right up. At 176K the engine burns a little bit of oil. I average 20mpg with a combination of city (25%) and highway (75%) miles. The only issues I have had were the air suspension, climate control computer going bad, hinge pin going bad and the cornering lamp lens falling off.
Ease of steering, Ride, Digital Dash, Auto Headlights.
Air Suspension, Door hinge pins, Climate Control Computer, Cornering lamp lens.
89k miles when we got it, now 250k. Still runs fantastic, just burns a quart every 2-3k mi. Online Lincoln forum helps greatly to pinpoint repair issues and save repair costs. Same chassis as Crown Vic police interceptors so rodding mods available. Comfortable, huge interior and trunk, gets 24+ highway on regular gas, 21 mixed. "Greener" than most Subarus! Replaced expensive rear air springs with coils, $150 vs $2000, added Sensatracs and you can't tell the diff in the ride. Oil smoke problem at 150k miles is fixable, it's the right bank valve seals. 99% of perceived engine and tranny issues are cured with fresh Motorcraft copper plugs and Motorcraft plug wires every 50 k miles.
Reliability and relative cheap cost of parts.
Go to coil springs with good shocks. Check out Lincoln Owners web site.
I know, the Town Car is an "old man's car" so how can a 23 year old kid like one so much? Simple. My parents bought a '94 Town Car Signature new at the end of '93. Since that time it was a family hauler, took trips to Colorado and back (several times) and even moved a college kid and all his stuff; (at the risk of sounding bad) it has a trunk that can hold 5 bodies. My father sold the car at around 200K miles, and the person who bought it drove it to FL. The only other car that lasted so long and was so versatile was my father's '95 Camaro (but that's for another day).
Huge trunk, huge interior, Std v8. Awesome reliability, this thing just would not die.
Week and dated 289 v8, and dated platform. New Town Car same as the '94, and shares too much with my Grandfather's '84.