Ownership Cost for 1983 Ford Mustang (Convertible)
Estimated: $40120 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1105 | $531 | $464 | $420 | $376 | $2896 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $2229 | $2295 | $2376 | $2471 | $2582 | $11953 |
| Maintenance | $2763 | $2912 | $1322 | $1234 | $2291 | $10522 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $346 | $346 | $346 | $346 | $346 | $512 |
| Total Ownership Costs | $8871 | $8417 | $7064 | $7182 | $8586 | $40120 |
| Model year | COMPONENT | Complaint |
| 1996 | POWER TRAIN:AUTOMATIC TRANSMISSION | I HAVE HAD SEVERAL REOCCURRING PROBLEMS INCLUDING 2 TRANSMISSION FAILURES. THE TRANSMISSION IS AN AOD AUTOMATIC, AND IT STILL DOESN'T SHIFT CORRECTLY. IF PASSING GEAR IS ENGAGED, THEN CAR'S RPMS SHOOT UP AND IT SHIFTS DOWN TO TOO LOW OF A GEAR. I HAVE REPLACED 2 WATER PUMPS THAT WERE LEAKING. I HAVE REPLACED A SWAY BAR THAT BROKE WHILE DRIVING DOWN A FLAT ROAD. THERE IS A WHINNING SOUND THAT COMES FROM EITHER THE PULLEYS OR THE CRANKSHAFT. IN HOT WEATHER THE CAR WILL ACT LIKE IT IS RUNNING OUT OF GAS WHEN ACCELERATING EVEN WHEN THE TANK IS FULL. THE BRAKES ARE VERY POOR EVEN WITH NEW PADS AND THE ROTORS RESURFACED, THEY FADE ESPECIALLY WHEN BRAKING MUST BE DONE QUICKLY OR AT HIGHER SPEEDS. THERE ARE ALSO MANY RATTLES THAT COME FROM VARIOUS BADY PANELS AND THE TRUNK WHEN DRIVING. |
| 1983 | ELECTRICAL SYSTEM:IGNITION:SWITCH | THE VEHICLE CAUGHT ON FIRE WHILE PARKED FOR SEVERAL. SOURCE ELECTRICAL |
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