1998 Lincoln Town Car

Roomy and luxurious, the 1998 Town Car is for fans of the classic American sedan who are comfortable with being a little dated.
Written by Jasmine Kanter
Reviewed by Jessica Barrett
Updated on Nov 23, 2022
The third-generation
Lincoln Town Car
abandoned its boxy body but kept the V8 engine, luxury touches, and roomy cabin. Bad news for sales, good news for anyone looking to relive the glory days of the big ol’ American sedan.
In 1998, Lincoln designers softened the lines of their most popular model and gave it a pair of cat’s eye glasses. Wider, taller, and heavier, the new cabin accommodated fresh door and instrument panels and revamped radio controls. At the end of the makeover, the Town Car had stepped into the future without becoming unrecognizable—and depending on your taste, that’s either the best part about it or the worst!
Whether you’re a Lincoln lover or hater, we’re putting the spotlight on the 1998 Town Car for this article. Specs, pricing, insurance—leave it all to
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About the 1998 Lincoln Town Car

MSRP: Starting at $38,030
Powertrain: 4.6L gasoline V8 with sequential multi-port fuel injection
Transmission: Four-speed automatic, rear-wheel drive
Fuel economy: 15 mpg city/22 mpg highway/18 mpg combined
Seating capacity: Six
Trim levels: Executive, Signature, Cartier
The 1998 Lincoln Town Car gained two inches of width, an inch of height, and 600 lbs over its predecessor. To its credit, you won’t notice any sweat from the 220-horsepower engine when it comes to cruising—just watch out on twisty roads. 
Features start at the
level ($38,030) with six-way power front seats, power windows, leather seating, solar tint glass, a leather-wrapped steering wheel, and a premium AM/FM stereo/cassette audio console. Moving up to
($39,680), you’ll enjoy eight-way power front seats, snowflake aluminum wheels, and memory settings for the driver’s seat and mirrors. The
Cartier trim level
($42,830) finishes with a flourish: premium leather seat trim, five-temperature-setting heated front seats, and a JBL Audio System. 
But, I hear you ask, what about
Lincoln's bottom rank for reliability
among Consumer Reports? It’s true that
s luxury line hasn’t seen much good press lately, but remember that the survey was talking about modern SUVs. When it comes to classic Town Cars, you’ll find nothing but good reviews on Edmunds.com and Kelley Blue Book. RepairPal rates the Town Car
4.0 out of 5.0 in reliability
, putting it in second place among full-size luxury models!
If you’re interested enough to start browsing classifieds, you’ll find a wide range of exterior colors:
  • Charcoal Blue Metallic
  • Charcoal Green Metallic
  • Cordovan Metallic
  • Deep Evergreen Metallic
  • Deep Navy Blue Metallic
  • Ebony
  • Ivory Metallic
  • Light Blue Metallic
  • Light Prairie Tan metallic
  • Medium Gold Metallic
  • Midnight Gray Metallic
  • Performance White
  • Silver Frost Metallic
  • White Pearl
And while every paint color might not be available with every interior color, there are still plenty of choices:
  • Charcoal
  • Dark Pumice
  • Graphite
  • Ivory/Portofino Blue
  • Oxford White/Light Graphite
  • Ruby Red
  • White

How much is a 1998 Lincoln Town Car worth today?

Fortunately, the 1998 Lincoln Town Car isn’t considered a collectible. Assuming a mileage of 142,000 miles or so, Kelley Blue Book estimates a model in “good” condition will cost between $1,402 and $3,339. As always, factory options (such as air-conditioning, a Touring Package, or a power moonroof) and nice-to-haves like a clean accident record or low mileage will cost you extra.
Key Takeaway A 1998 Lincoln Town Car with repairable cosmetic damages and a decent power train could cost $1,402 to $3,339.

Where to buy a 1998 Lincoln Town Car

Unless you like auctions or special orders, steer clear of dealerships. Your best bet to find a 20-year-old used vehicle is via a private sale. KBB, Edmunds.com, and ClassicCars.com all have classifieds, but you might also want to check out
Both sites allow you to check the mileage, accident records, and reviews of the cars in their listings. You can even calculate your payments with a handy finance calculator!

Is the 1998 Lincoln Town Car a good buy?

Do you have fond memories of Lincoln cars from the 70s, 80s, and 90s? If so, then the 1998 Town Car is probably right for you. It enhances everything there is to love about Lincoln: generous space, impeccable furnishings, and old-fashioned comfort. Not to mention a workhorse’s reputation. At the risk of sounding clichéd, they don’t make ’em like this anymore.
As a bonus, you can find a 1998 model at a fairly decent price, since it isn’t considered a collectible—not yet, anyway.

How to find insurance for a 1998 Lincoln Town Car

Whether or not you think the Lincoln Town Car has aged gracefully, on this we can agree: buying car insurance the old-fashioned way stinks. If you’re tired of phone calls, browsing ads, or answering long insurance forms,
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