Is a 2020 Lincoln Continental Worth It in 2023?
The 2020 Lincoln Continental was a swan-song sedan for the marque’s long-body luxury car. However, fans of big, bold American sedans can get one on the used market with relative ease. Still, with posh Lexus and Volvo models on the scene, is a used Lincoln Continental worth it in 2023?
What was the last year of the Lincoln Continental?
The 2020 model year was Lincoln Continental’s finale on the lengthened CD4 platform. Since its discontinuation, Lincoln hasn’t publicized plans to bring it back as a hybridized or electrified reboot. Moreover, the departure of the Continental and MKZ leaves the brand’s lineup with an SUV-only lineup.
Of course, Lincoln isn’t alone; other American marques are moving away from gas-powered sedans in favor of alternative energy models and more profitable SUVs. For instance, Dodge and Chrysler are ditching the 300 and Charger sedan models after the 2023 model year.
However, Dodge will bring the Charger nameplate back as an EV coupe for the 2024 model year. Still, GoodCarBadCar says Lincoln sold 5,256 Continentals in 2020. As a result, fans can definitely find a used example with low mileage.
How much is a used 2020 Lincoln Continental?
Today, a used 2020 Lincoln Continental Standard has a fair value of around $29,953. Of course, that price reflects an example with an average mileage of 48,228.
|2020 trim level||Fair purchase price|
However, Kelley Blue Book reports that fair purchase prices depend on mileage, condition, and location. While the Continental Standard has an average KBB value under $30,000, the much more opulent Reserve trim employs a posher interior and a more muscular turbocharged 2.7L V6 engine, producing 335 horsepower instead of the Standard’s 305-horsepower 3.7L mill.
How does the Continental compare with its rivals?
The Lincoln Continental is comparable to the still-in-production Lexus LS 500 and Volvo S90 in the luxury segment, per Car and Driver. However, the late model LS 500 out-muscles even the Continental’s optional 400-horsepower twin-turbo 3.0L V6, albeit costing much more. Conversely, the 2020 S90 is similarly priced, albeit without a high-horsepower option.
|Make and model||New price||Used price (2020)||Max HP/TQ||AWD|
|Lincoln Continental||N/A||$29,953||400 hp/400 lb-ft||Yes|
|Lexus LS 500||$78,535||$52,494||416 hp/442 lb-ft||Yes|
|Volvo S90||$58,095||$34,058||295 hp/310 lb-ft||Yes|
Better yet, the Continental offers optional all-wheel drive (AWD), not unlike the Volvo S90 and Lexus LS 500. Each luxury model is a long-body, plush car, especially at upper-trims. Of course, the Continental failed to offer a hybrid version, unlike the Lexus LS 500h.
Why did Lincoln discontinue Continental?
Lincoln discontinued the late-model Continental to focus on hybridization and more lucrative vehicle types, like the marque’s SUVs. Along with the MKZ’s discontinuation, the last Continental marked the end of the brand’s sedan lineup.
Is the Lincoln Continental worth it?
For enthusiasts who want a modern connection to the American land yachts of yesteryear, few late-model American cars do it better than the Continental. Moreover, the model’s depreciation rates make it an affordable option for used luxury car shoppers.