The 1989 Lincoln Town Car

A used 1989 Lincoln Town Car costs an average of $4,125, but the car’s mileage and condition will affect the final price. Read more here!
Written by Brittni Brinn
Reviewed by Jessica Barrett
Updated on Nov 28, 2022
Lincoln Town Cars were the pinnacle of full-size luxury during their 30 years of production. The 1989 models featured a more modern Lincoln logo on the front grille and changed the parking lamps from clear to amber. Used models go for around $4,125.
’s luxury division, Lincoln, manufactured Town Cars from 1981 to 2011. With all the lavishness of a limousine, the Town Car’s cushioned interior and sleek design were iconic in the 80s and 90s, leaving a legacy of everyday luxury that continues to inspire manufacturers and collectors alike.
1989 was the last year of the “Panther platform” Town Cars. While 1989 saw significant aesthetic changes to the first-generation Lincoln Town Car, it was a year that continued the Town Car’s prevalence as an upscale vehicle.
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Looking to buy a Lincoln Town Car? The
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has put together this guide to one of America’s most iconic cars. With all the stats and history at your fingertips, you’ll be able to decide if the 1989 Lincoln Town Car is the right ride for you!

Is the 1989 Lincoln Town Car a good car?

Original MSRP: $25,562
Engine type: 150-hp 5.0L 302 cid V8 
Fuel economy: 18 mpg combined 
Seating capacity: Six passengers
Trim levels: Executive Series, Signature Series, and Cartier
As the last model of the first-generation model line, the 1989
Lincoln Town Car
knew better than to change a good thing. The engine, drivetrain, and body type were virtually unchanged from the previous year. The Town Car maintains a
4.0 out of 5.0 reliability score
—lasting over 250,000 miles and some models even lasting up to 500,000 miles with the right maintenance and care.
There were some aesthetic changes introduced in the 1989 year, however. From the satin black paint on the grille to the amber parking lamps to the formal french-style rear window, there were features that made the 1989 model unique. The Lincoln logo appeared on the front grille, featuring an updated font, and a large chrome “star" appeared on the opera window glass.
The 1989 Town car offered an optional trailer towing package with dual exhausts, a shorter-ratio limited slip differential, and improved cooling for the engine and transmission.
The 1989 Lincoln Town Car came in the following exterior colors:
  • Silver Frost Metallic
  • Sandstone Metallic
  • Midnight Black
  • Twilight Blue Metallic
  • Bright Currant Red Metallic
  • Rose Quartz Metallic
  • Light Crystal Blue Metallic
  • Pastel Adobe Metallic
  • Dark Titanium Metallic
  • Midnight Red Metallic
  • Cinnabar Metallic
  • Arctic White
  • Medium Driftwood Metallic
  • Pewter Metallic
The interior hues include Titanium, Shadow Blue, Current Red, and more! Although it may be tough to find a used 1989 Town Car with your preferred paint job, it’s worth taking a look at what’s out there!

How much should a 1989 Lincoln Town Car cost?

On average, a 1989 Lincoln Town Car will cost around $4,125. However, the price you may find online or from a dealer will most likely vary depending on the Town Car’s trim, condition, mileage, and more.
A 1989 Cartier trim in excellent condition, for example, may cost you closer to $10,700
Key Takeaway You could pay as much as $10,700 for a high-trim Town Car from 1989. Make sure you shop around and compare prices to make sure you get the best deal.
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Where to buy a 1989 Lincoln Town Car

Since the 1989 Town Car is over 30 years old, it may be tricky to track one down at your local dealership. You can inquire about available used models at a Lincoln dealership or visit sites like
Kelley Blue Book
for access to used vehicles near you. 
It’s important to use a dealership or online service that provides accident history, mileage, features, and reviews for the vehicle you’re looking at so you can be informed when you make your purchase. Some online services will help calculate your monthly payments to give you an idea of how much it will cost to finance your classic Town Car.

The bottom line: should I buy a 1989 Lincoln Town Car?

With all of the history and reliability on its side, the 1989
Lincoln Town Car
is a solid choice if you’re looking to own an older model of this American luxury classic. The 1989 model set the stage for the Town Car’s popularity in the ‘90s. Here’s a quick look at how the Town Car changed luxury driving and still impacts the auto industry today.
Using the Ford Panther’s rear-wheel-drive platform, Lincoln Motor Company produced a luxury sedan intended to mimic a limo while providing economic accessibility. Lincoln’s revolutionary model was the longest mass-produced sedan in North America. The car’s popularity is what gave the line its name: “town car.”
During its golden years, the Town Car was the most commonly used vehicle for limousine and chauffeur services—arriving in a Lincoln Town Car was considered an event! There was a sophisticated prestige associated with the brand, which is one of the reasons it was so popular.
The Town Car was discontinued in 2011 and no other car since has filled that niche between luxury, prestige, and reliability. If you don’t mind a larger, older car, the 1989 Town Car will turn heads any time you take it out for a drive.

How to find car insurance for the 1989 Lincoln Town Car

There’s some extra good news if you manage to find a 1989 that fits your style—used cars are generally cheaper to insure than brand new ones. When you
buy a used car
, especially an older model like the 1989 Town Car, the process for covering it is slightly different. That’s why it's a good idea to have
in your passenger seat!
With a 4.6/5 rating on the App Store, Jerry takes care of all the busy work that comes with insurance shopping. All you have to do is download the app, enter your basic information, and let Jerry work its connections with over 55 providers to bring you the best rates on the classic coverage you need.
Not only will Jerry help you switch to a new policy for your Town Car, but you’ll also see new quotes before each renewal to stay on top of your savings. How much savings are we talking about? How does an average of over $800 a year sound?
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