what it costs new, what it’s worth used, and who has one near you.
The 1992 Mercury Topaz is a vehicle we track across the used market in Canada. Below is what it costs new, what it's worth used, and who has one near you — figures we update from our daily market scan.
Fuel economy & range: Natural Resources Canada (Open Government Licence — Canada). Safety recalls & owner-reported complaints: US National Highway Traffic Safety Administration (public domain); complaint shares are a relative signal, not a failure rate. Prices, payments, depreciation, listing counts and dealer inventory: Conquest market data; payment estimates use market-average terms and are not an offer of credit. Independent service — not affiliated with or endorsed by Mercury.
Owner-reported problems and open safety recalls
Most-reported problems
Across 84 owner complaints filed on the 1992 Mercury Topaz
Share of complaints naming each system — a signal of what owners report most on this model, not a failure rate. The denominator is people who filed a complaint, not every owner. Complaints are filed with the US regulator; the same models are sold in Canada.
Safety recalls
2 campaigns issued by the manufacturer
Engine and Engine Cooling · Cooling System · Fan
THESE VEHICLES ARE ORIGINALLY SOLD OR CURRENTLY REGISTERED IN THE FOLLOWING STATES: ALASKA, IOWA, MINNESOTA, NEBRASKA, NORTH DAKOTA, AND SOUTH DAKOTA. THE VEHICLES INVOLVED ARE 1992-1994 TEMPO/TOPAZ VEHICLES WITH 3.0L ENGINES; 1994 TEMPO/TOPAZ WITH 2.3L ENGINES; 1992-1995 TAURUS/SABLE WITH 3.8L ENGINES; 1994-1995 TAURUS/SABLE WITH 3.0L ENGINES AND 1992-1994 LINCOLN CONTINENTAL VEHICLES WITH 3.8L ENGINES. DURING HIGH WINDS, HEAVY, BLOWING AND DRIFTING SNOW, AND LOW TEMPERATURES, THE ENGINE COOLING FAN CAN BECOME BLOCKED OR FROZEN WITH SNOW. THE FAN MOTOR MAY NOT ROTATE AND COULD OVERHEAT.
Campaign 97V019000
Electrical System · Ignition
THE IGNITION SWITCH COULD EXPERIENCE AN INTERNAL SHORT CIRCUIT.
Campaign 96V071000
Recall campaigns are manufacturer-issued and fixed free of charge. This is the US campaign set matched by year, make and model — it is not a check against a specific VIN, and Canadian campaigns may differ.