The median asking price for a used Lincoln Town Car is $6,500 across 306 listings. A 2011 costs about $6,995; a 1996 about $7,000. But the same year can differ wildly: among 1998 cars the dearest asks 13 times what the cheapest does — condition, mileage and title do the rest.
What each model year costs
Three numbers per year: the cheap end, the middle and the dear end. The gap between them is the useful part — it tells you whether the year has a clear market price or whether condition decides everything.
| Year | Cheap end | Median | Dear end | Spread | Typical mileage |
|---|---|---|---|---|---|
| 2011 | $4,700 | $6,995 | 1.5× | 119,118 mi | |
| 2009 | $2,000 | $10,999 | 5.5× | 166,534 mi | |
| 2008 | $4,488 | $11,000 | 2.5× | 128,232 mi | |
| 2007 | $2,000 | $7,900 | 4× | 146,706 mi | |
| 2006 | $2,900 | $11,990 | 4.1× | 110,248 mi | |
| 2005 | $3,300 | $13,995 | 4.2× | 139,398 mi | |
| 2004 | $1,100 | $9,600 | 8.7× | 178,707 mi | |
| 2003 | $2,900 | $9,995 | 3.4× | 138,344 mi | |
| 2002 | $2,100 | $7,889 | 3.8× | 100,727 mi | |
| 2001 | $1,850 | $9,920 | 5.4× | 107,570 mi | |
| 2000 | $1,100 | $6,000 | 5.5× | 165,474 mi | |
| 1998 | $1,000 | $13,000 | 13× | 121,988 mi | |
| 1996 | $3,000 | $8,900 | 3× | 111,896 mi |
A spread near 1.5× means the market agrees what the car is worth. Past 3× it usually means the sample mixes tidy examples with tired ones — and that a careful buyer can do well.
Dealer or private seller
Both figures are measured against the median for the same model year, so age is taken out of the comparison — this is the forecourt markup on its own.
| Seller | Listings | vs median year | Average asked |
|---|---|---|---|
| Private seller | 171 | +18.4% | $6,374 |
| Dealer | 54 | +26.0% | $7,266 |
The gap comes to 7.6 percentage points. Some of that buys something real — reconditioning, a warranty, paperwork handled. The rest is the cost of not looking further.
How fast price falls with mileage
Taken from a single model year — 2006, the one with the most listings — so the curve shows mileage alone rather than age creeping in alongside it.
| Mileage | Average asked | Listings |
|---|---|---|
| 50–75k miles | 5 | |
| 75–100k miles | 8 | |
| 100–125k miles | 17 | |
| 125–150k miles | 5 | |
| 200–225k miles | 8 |
Between the lowest and highest mileage bands the asking price falls 75%. Most of that drop happens early: the first hundred thousand miles cost far more than the second.
Where it's cheaper
States where this car asks least and most, measured against the national median for each model year. Worth knowing before a long drive: a fifteen-percent gap on a twenty-thousand-dollar car is three thousand.
| State | Listings | vs national median |
|---|---|---|
| FL | 27 | |
| OH | 18 | |
| NV | 41 | |
| TX | 15 | |
| CA | 21 | |
| MO | 12 |
Only states with enough listings to mean something are shown. Rust-belt winters, local demand and how many were sold there originally all pull these numbers around.
Asking prices are the market. What is that car worth?
- Exact value for one VIN, adjusted for its mileage
- Live listings with prices, not just percentiles
- Price-drop alerts on the model you are watching
- Full research report as a PDF you can hand to a mechanic
- No ads, on every page
- No ads, no tracking — and much more
How we count
Every figure comes from live classified listings — asking prices, not sale prices. Sellers ask more than they get, so treat these as the top of the range, not the bottom.
Why the percentages, and not plain averages. This is the part worth explaining, because getting it wrong produces confident nonsense. Take a naive average price per state and you learn that this car costs four times more in Alabama than Indiana — which is false. What actually happened is that Indiana's listings were older cars. Do the same by title and you get the absurd result that rebuilt cars sell for more than clean ones, because the rebuilt ones in the sample happened to be newer.
So we never average prices across a slice. Each listing is first converted into its ratio against the median for its own model year, and those ratios are averaged instead. «Fifteen percent below median» then means what it says, and holds up whichever years the slice happens to contain.
Slices with too few listings are dropped rather than shown with a wide error bar — a percentage built on eight cars is decoration, not data.
Related tools
Frequently asked questions
How much does a used Lincoln Town Car cost?
The median asking price is $6,500 across 306 live listings, ranging from about $7,000 for a 1996 to $6,995 for a 2011. These are asking prices — sellers generally accept less.
Is it cheaper to buy a Town Car from a private seller?
Yes, by roughly 8 percentage points. Dealers ask +26.0% against the median for the same model year, private sellers +18.4%. Part of that gap pays for reconditioning and a warranty; the rest is the price of convenience.
Where is the cheapest place to buy a Town Car?
Of the states with enough listings, FL asks least at -5.9% against the national median, and MO most at +127.1%. On a $20,000 car that spread is worth a long drive.
Why do prices for the same year vary so much?
Among 1998 cars the dearest asks 13× what the cheapest does. Mileage, service history and title status explain most of it — which is why an average price for an older car tells you very little on its own.
What is this worth compared with my own car?
This page describes the market. To value a specific car by its year and mileage, use the Lincoln Town Car valuation tool.