With a 5.4-liter V-8 putting out 300 horsepower and 365 pound-feet of low-end torque, the 2008 Lincoln Mark LT is powerful enough for heavy, dirty jobs: Edmunds reports a towing capacity of over four and a half tons, which "is more than respectable." Autoblog reports that with the Class IV towing package, "it can pull an 8,600 lb. trailer and haul 1,580 lbs"; however, "even with the 3.73 gear, [it] isn't built for drag racing."
Edmunds reports that the engine "makes more noise than forward progress," taking nearly 10 seconds to reach 60 mph. ConsumerGuide observes that the 2008 Lincoln Mark LT has "adequate acceleration and enough muscle for most towing and hauling chores, but highway-speed passing power and overall responsiveness is mediocre."
Cars.com informs that the Lincoln Mart LT's four-speed automatic transmission is the only one available. Autoblog describes it as "a couple of cogs short of the [rival Cadillac Escalade] EXT's six-speed," going on to state that "fuel economy appears to suffer because of it." That fuel economy averages a dismal 12.3 mpg, with fueleconomy.gov reporting 12 mpg city/16 mpg highway for the four-wheel-drive 2008 Lincoln Mark LT and 13/17 mpg for the rear-drive version.
Edmunds notes that the 2008 Lincoln Mark LT "has a remarkably refined ride...negotiating the mall parking lot is easy thanks to the truck's quick, well-weighted steering." According to ForbesAutos, the Lincoln Mark LT's suspension "has been softened a bit to help provide a smoother and, theoretically, more luxurious ride." Electronic brake-force distribution aids in bringing "this 5,000-pound-plus vehicle, and whatever it's pulling, to a stop." Overall, the Lincoln Mark LT is unwieldy; Kelley Blue Book chimes in with "like many traditional luxury vehicles [it] rides better than it handles." Edmunds reports a stopping distance of 134 feet from a speed of 60 mph and says that's "good for such a heavy vehicle."
According to Kelley Blue Book, the 2008 Lincoln Mark LT lacks the stability control system that is standard equipment on many newer vehicles. This is offset, however, on four-wheel-drive models because of the "enhanced traction" provided.