All Town Cars are powered by a 4.6 liter V8 that makes an adequate 239 hp. It's mated to a four-speed automatic transmission that sends power to the rear wheels. The EPA estimates fuel economy for the 2007 Town Car to be 17 miles per gallon in the city and 25 on the highway -- fairly respectable numbers for a big luxury sedan. Standard equipment on the Signature includes 17-inch alloy wheels, dual-zone climate control, leather upholstery, power front seats, power-adjustable pedals, a CD player, an analog clock for the dashboard, automatic headlamps and rear parking sensors. Despite the reliance on improvements and redesigns over the years, the 2007 Lincoln Town Car still has a distinctly old-school look and feel. For some, that's clearly a selling point and likely attracts plenty of repeat buyers.