Ownership Cost for 1988 Ford Mustang (LX Hatchback)
Estimated: $22010 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 | $1418 | $1461 | $1512 | $1572 | $1643 | $7606 |
| Maintenance | $347 | $253 | $137 | $225 | $1180 | $2142 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $4316 | $4014 | $3973 | $4270 | $5438 | $22010 |
| Model year | COMPONENT | Complaint |
| 1990 | ELECTRICAL SYSTEM:IGNITION | WHILE MY CAR WAS IN FOR INVESTIGATION (SEE OID#75644 FOR THROTTLE ASSEMBLY FAILURE) THE DEALER REPLACED IGNITION SWITCH MODULE FROM RECALL THAT HAD NEVER BEEN DONE BY PREVIOUS OWNER. SUBSEQUENTLY, WHILE DRIVING THE BATTERY LIGHT CAME ON AND CAR LOST POWER. SMOKE ROSE FROM UNDER THE HOOD. I ROLLED INTO A PARKING LOT AND OPENED THE HOOD WHERE I FOUND THE WIRING HARNESS TO THE ALTERNATOR IN FLAMES. I UNPLUGGED IT AND PUT OUT THE FIRE. THE FIRE FLARED UP 2 MORE TIMES BEFORE DYING OUT.*AK |
| 1988 | VEHICLE SPEED CONTROL | CAR FROM A FAST IDLE JUMPED INTO REVERSE RAN OUT OF CONTROL INJURING ONE PERSON AND CRASHING INTO TWO VEHICLES.*AK |
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