Ownership Cost for 1988 Ford Mustang (GT Hatchback)
Estimated: $51285 over the next 5 years
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Depreciation
$4426
$2125
$1859
$1682
$1505
$11597
Insurance
$1451
$1502
$1554
$1609
$1665
$7781
Fuel
$1950
$2009
$2079
$2162
$2259
$10459
Maintenance
$2763
$2912
$1931
$2585
$2291
$12482
Repairs
$977
$1138
$1298
$1417
$1627
$6457
Taxes & Fees
$1694
$1694
$1694
$1694
$1694
$2510
Total Ownership Costs
$13262
$9878
$8966
$9612
$9567
$51285
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: 1988
Other Engine Info: Electronic Fuel Injection; High Output Engine
Plant City: Dearborn
Plant Country: United States (USA)
Plant State: Michigan
Seat Belts All: Manual
Trim: GT
Vehicle Type: PASSENGER CAR
Model year
COMPONENT
Complaint
2001
POWER TRAIN
THE MAIN PROBLEM IS THE TRANSMISSION FAILURES. IT HAS GONE OUT THREE TIMES ALL IN THE SAME MANNER. THE CAR IN BONE STOCK AND ONLY HAS 13,800 MILES ON IT. THE THIRD TIME A FIELD DISTRICT ENGINEER SUPPOSEDLY EXAMINED IT AND SAID THE THE PARTS AND WORKMANSHIP APPEAR TO BE FINE WITH NO FLAWS AND DECLINED MY WARRANTY CLAIM. I HAVE BEEN THROUGH THE DISPUTE SETTLEMENT BOARD AND THE KS ATTORNEY GENERAL WITH NO POSITIVE OUTCOME. I DON'T UNDERSTAND THIS ACTION ESPECIALLY SINCE I WORK FOR FORD(KANSAS CITY ASSEMBLY PLANT)I HAVE RESEARCHED THIS PROBLEM AND FOUND OUT THAT THERE WEERE PROBLEMS WITH THE '01 TRANSMISSIONS AS PER THE TECHNICAL SERVICE BULLETINS, TSB# 14879 NHTSA# SB620176, SO IT APPEARS THAT DEARBORN ASSEMBLY AND FORD KNOW OF THIS PROBLEM BUT YET I'M STILL GETTING RESISTANCE????????????