Ownership Cost for 1988 Ford Mustang (GT Convertible)
Estimated: $49251 over the next 5 years
Year 1
Year 2
Year 3
Year 4
Year 5
Total
Depreciation
$3866
$1855
$1624
$1469
$1314
$10128
Insurance
$1451
$1502
$1554
$1609
$1665
$7781
Fuel
$1950
$2009
$2079
$2162
$2259
$10459
Maintenance
$2763
$2912
$1865
$2441
$2291
$12272
Repairs
$977
$1138
$1298
$1417
$1627
$6457
Taxes & Fees
$1455
$1455
$1455
$1455
$1455
$2155
Total Ownership Costs
$12461
$9582
$8630
$9233
$9345
$49251
Body Class: Cabriolet/Convertible
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
Series: GT
Vehicle Type: PASSENGER CAR
Model year
COMPONENT
Complaint
1995
ENGINE AND ENGINE COOLING:ENGINE
AFTER FOLLOWING MANUFACTURER RECOMMENDED MAINTENANCE FOR 3.5 YEARS, WITHOUT ANY SIGNS OF MECHANICAL DIFFICULTIES (I.E. ENGINE OVERHEATING, LOSS OF COOLANT, LOSS OF POWER), APPROXIMATELY FEW MINUTES AFTER STARTING CAR FOR THE FIRST TIME ONE DAY, THERE WAS ROUGH IDLING AND WHITE SMOKE COMING OUT OF THE EXHAUST. AFTER TAKING THE CAR TO MY NEAREST FORD SERVICE CENTER, I WAS INFORMED THAT MY CAR HAD BLOWN A HEAD GASKET. AFTER RESEARCHING THE INTERNET, I DISCOVERED THAT THERE HAS BEEN A RECALL FOR THIS PROBLEM IN 3 OTHER MODELS (WINDSTAR, TAURUS, AND SABLE) OF FORD OF THE SAME YEAR (1995) WITH THE 3.8 L ENGINES (RECALL 98-MO1) FOR DEFECTIVE HEAD GASKETS. I HAVE BEEN INFORMED BY THE FORD DEALER THAT FORD MOTOR CO., WILL NOT ACCEPT LIABILITY FOR THIS PROBLEM WITH THE 1995 MUSTANGS. I AM ALOS AWARE THAT THERE HAVE BEEN NUMEROUS OTHER COMPLAINTS FROM OTHER 1995 FORD MUSTANG OWNERS WITH NHTSA FOR THIS SAME PROBLEM. I RESPECTFULLY ASK THAT THE NHTSA EXERCISE IT'S AUTHORITY AND HOLD FORD MOTOR CO. ACCOUNTABLE FOR THIS DEFECT IN THE 1995 MUSTANG AND INCLUDE IT IN RECALL 98-MO1. PLEASE RESPOND ON YOUR PROPOSED ACTION ON THIS COMPLAINT ASAP AS I AM FORCED TO PAY OUT-OF-POCKET EXPENSES (WHICH MAY EXCEED $2000) BY MY LOCAL FORD SERVICE CENTER. THANK YOU. *AK
1988
STRUCTURE:BODY
WHILE DRIVING HOOD POPPED OPEN AND CRACKED THE WINDSHIELD. THE ROOF IS ALSO BENT. DEALER HAS NOT SEEN VEHICLE. *AK