The only thing (s) that have gone wrong with this car is there is a small hole on the muffler.
I bought this car for a great deal in 2001. It was owned by a local FBI agent and he sold it for a fair price. It has the police package (Dual exhaust, bumper guard, etc.) It is very quick off the line and has a top speed of roughly 130-135mph. The seats are perfect, the window motors work well, and the engine is near perfect. All together, fast, fun, reliable.
You have the 4.6L (281) they stopped putting 5.0L (302) engines in crown victorias in 1991.