Hello
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The red light that flashes is indeed the anti-theft system. The key has a built in chip called the "PATS" chip. This is a secondary system which prevents the starting of the vehicle if the chip is not programmed to the computer or if the key does not have the chip inside of it. I too own a 2000 Cougar. They do come equipped with both anti-theft systems as standard equipment. You should have received keyless entry remote with the car. The light is supposed to flash when key is out, by the way.
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Tuesday, February 3rd, 2009 AT 12:25 AM