Ownership Cost for 1989 Ford Mustang (LX 5.0L Coupe)
Estimated: $24416 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $984 | $472 | $413 | $374 | $335 | $2578 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1902 | $1960 | $2028 | $2109 | $2204 | $10203 |
| Maintenance | $215 | $253 | $137 | $225 | $1119 | $1949 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $4668 | $4513 | $4490 | $4806 | $5938 | $24416 |
| Model year | COMPONENT | Complaint |
| 2001 | ENGINE AND ENGINE COOLING | TL* THE CONTACT OWNS A 2001 FORD MUSTANG. WHILE DRIVING APPROXIMATELY 25 MPH, THE CONTACT NOTICED SMOKE COMING FROM UNDER THE HOOD. THE CONTACT STOPPED THE VEHICLE AND NOTICED A HOSE WAS DETACHED FROM THE ENGINE OF THE VEHICLE. THE VEHICLE WAS TAKEN TO THE DEALER FOR DIAGNOSTICS. THE TECHNICIAN STATED THAT THE BYPASS HOSE WOULD HAVE TO BE REPLACED. THE VEHICLE WAS REPAIRED. THE FAILURE RECURRED WHILE THE VEHICLE WAS STILL AT THE DEALER. THE TECHNICIAN THEN STATED THAT THE MANIFOLD WAS FRACTURED AND THE HEAD GASKET WOULD HAVE TO BE REPLACED. THE MANIFOLD WAS REPLACED BUT NOT THE HEAD GASKET. THE VEHICLE WAS NOT FURTHER REPAIRED. THE APPROXIMATE FAILURE MILEAGE WAS 53,000. UPDATED 12/06/11*LJ THE CONSUMER STATED THE REPAIR TECHNICIAN WAS INJURED WHILE REPAIRING THE CRACKE MANIFOLD INTAKE. UPDATED 06/13/2012 *JS |
| 1989 | ELECTRICAL SYSTEM:IGNITION:SWITCH | HAD RECEIVED RECALL NOTICE 96V071000 AND CONTACTED DEALER. TOOK VEHICLE FOR REPAIRS OF IGNITION SWITCH. 4 YEARS LATER, IGNITION SWITCH HAD A SHORT. DEALER REFUSED TO REPAIR, WAS NOT TAKING RESPONSIBILITY FOR PROBLEM. MANUFACTURER AGREED WITH DEALER.*AK |
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