Ownership Cost for 1989 Ford Mustang (GT Hatchback)
Estimated: $55828 over the next 5 years
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Depreciation
$5762
$2766
$2420
$2190
$1959
$15097
Insurance
$1485
$1537
$1591
$1646
$1704
$7963
Fuel
$1902
$1960
$2028
$2109
$2204
$10203
Maintenance
$2763
$2912
$2030
$2808
$2291
$12804
Repairs
$977
$1138
$1298
$1417
$1627
$6457
Taxes & Fees
$2231
$2231
$2231
$2231
$2231
$3304
Total Ownership Costs
$15120
$10566
$9690
$10377
$10074
$55828
Body Class: Hatchback/Liftback/Notchback
Displacement CC: 4948.893328
Displacement CI: 302
Displacement L: 5.0
Doors: 2
Engine Configuration: V-Shaped
Engine Cylinders: 8
Engine HP: 225
Engine KW: 167.7825
Engine Manufacturer: Ford
Fuel Type Primary: Gasoline
Make: FORD
Manufacturer: FORD MOTOR COMPANY, USA
Manufacturer Id: 976
Model: Mustang
Model Year: 1989
Other Engine Info: Electronic Fuel Injection; High Output Engine
Plant City: Dearborn
Plant Country: United States (USA)
Plant State: Michigan
Seat Belts All: Manual
Series: GT
Vehicle Type: PASSENGER CAR
Model year
COMPONENT
Complaint
1994
ENGINE AND ENGINE COOLING:ENGINE
AT FIRST OCCURRENCE THE WATER PUMP GASKET / TIMING COVER GASKET FAILED ON ORIGINAL MOTOR. HAD THAT REPLACED PUT CAR IN STORAGE FOR THE WINTER. MIDWAY THROUGH THE 1998 SUMMER HEAD GASKET WENT OUT AND THIS TIME IT LET THE ANTI-FREEZE INTO THE ENGINE AND SPUN THE BEARINGS. I HAD THE FORD DEALER INSTALL A RECONDITIONED 3.8 (I HAD TO PAY FOR IT). CAR WENT IN SHORTLY AFTER THE ENGINE REPLACMENT AND HAD THE WATER PUMP / TIMING GASKET REPLACED. CAR WENT INTO WINTER STORAGE. THIS YEAR, AFTER DRIVING FOR THE SUMMER, WE NOTICED ENGINE FLUID LEAKING AGAIN! TOOK BACK TO FORD DEALER AND WE WERE TOLD THAT AGAIN, THE WATER PUMP / TIMING COVER GASKETS NEED REPLACING. COST THIS TIME $1056.00. THERE HAS TO BE SOME TYPE OF DEFECT WITH THE FORD 3.8L MOTOR REGARDING THE ENGINE COOLING SYSTEM. PLEASE ADVISE US ON THIS. THANK YOU. *AK
1989
ELECTRICAL SYSTEM:IGNITION
VEHICLE RECEIVED RECALL REPAIR WORK ON THE IGNITION SYSTEM (96V-071) ON APRIL 21, 1999 ON APRIL 26, 1999 VEHICLE FIRE DUE TO ELECTRICAL FAILURE. MJS