Driver's side parklamp fell off; very difficult part to get, and extremely difficult to replace by yourself.
Transmission slips in the cold at low speeds, but works flawlessly in warmer weather or when the engine warms up.
Engine will idle heavily in the colder weather.
Vacuum leak made the car sound like a piece of junk. Taken care of.
Blew a brake line at a stoplight; fixed.
Makes a funny thrusting noise when at a stop sometimes.
Leaks oil from the gasket, will fix soon.
I think the fuel injection system is good, but it has some issues with starting and running occasionally.
Has trouble getting up steeper hills, especially on the highway, probably due to the underpowered 302 V8, but could be a result of the vacuum leak.
Half-vinyl top isn't in the best shape, but it's presentable.
Bad gas mileage; about 8 around town and 12-13 on the highway.
Despite all the problems that I've had with the car, I still think it's an incredible driving experience that can't be matched by most modern vehicles.
The ride is great; however, this is best experienced from the passenger's or back seat.
The car is no performer; however, it will move when you need it to, so that's fine with me.
The 302 V8 is very quiet when warmed up (as the vacuum leak no longer makes the car sound like crap).
While no performer, the car is faster and handles better than most would initially think.
I get horrible gas mileage usually; however, on longer trips the fuel economy gets better.
The most comfortable and roomiest car I've ever been in. The car also looks incredible, especially in dark blue.
This car is all original stock, no big rims, no mods of any kind, just the way I like it.
For the amount of mileage on it, the car runs like it's much newer (despite the flaws mentioned). I think it will do many hundreds of thousands of miles without issues.
I seriously think that the 1980 Continental and the 1981-1984 Town Car are the best years for the 1980s models, as in 1985 the Town Car interior got a lot more plasticky, especially on the steering wheel. However, I do think that the future advances on the Town Car (a better multi-port injection system introduced in 1986) help compensate. I also like the three bar taillights far better than the rear lights seen in the later models.
My friends all agree that this is the finest riding and most comfortable luxury car they've ever been in. Not a bad deal for $750 at all. However, it does have some issues that I am currently working on fixing.