Ownership Cost for 1998 Honda Accord LX Sedan
Estimated: $33361 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 | $1472 | $1516 | $1569 | $1632 | $1705 | $7894 |
| Maintenance | $2763 | $1977 | $879 | $364 | $2291 | $8274 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $255 | $255 | $255 | $255 | $255 | $378 |
| Total Ownership Costs | $7901 | $6635 | $5750 | $5419 | $7656 | $33361 |
| Model year | COMPONENT | Complaint |
| 2003 | EQUIPMENT:ELECTRICAL:AIR CONDITIONER | A VERY SMALL PEBBLE (QUARTER OF THE SIZE OF A DIME) IN FORM OF ROAD DEBRIS, PUNCTURED THE AIR CONDITIONER (AC) CONDENSER. HONDA SAID THAT THEY WOULD NOT COVER THE REPAIRS UNDER WARRANTY. THE DEALER INFORMED ME THAT OTHER PEOPLE ALSO HAVE HAD THIS PROBLEM. HONDA NEEDS TO DESIGN A SHIELD FOR THE CONDENSER OR BUILD STRONGER CONDENSERS. COST OF REPAIRS WAS ALMOST $500!! THE CAR IS ALMOST BRAND NEW, ONLY 7500 MILES. *LA |
| 1998 | POWER TRAIN:AUTOMATIC TRANSMISSION | THE AUTOMATIC TRANSMISSION FOR MY 1998 HONDA ACCORD FAILED 2500 MILES AFTER THE WARRANTY ENDED. IT IS MY UNDERSTANDING THAT TRANSMISSIONS DO NOT FAIL THIS EARLY ON IN THE LIFE OF THE VEHICLE. I HAVE TAKEN THE CAR TO MANY MECHANICS WHO ALL STATED THAT THERE MUST BE A DEFECT IN THE TRANSMISSION AND TO TAKE IT BACK TO THE DEALER BECAUSE THEY DO NOT GO OUT THIS FAST. EVERYONE BUT HONDA STATES THAT THERE MUST BE A DEFECT. THE HONDA CORPORATION ACCEPTS NO RESPONSIBILITY FOR THIS AND CONTENDS THAT THERE IS NO DEFECT OR RECALL. THROUGH RESEARCH I HAVE FOUND MANY COMPLAINTS OF TRANSMISSION PROBLEMS FOR THE 1998 ACCORDS ESPECIALLY ON THE NHTSA CONSUMER COMPLAINTS SITE. I FEEL THAT HONDA IS IGNORING/HIDING CUSTOMER COMPLAINTS TO AVOID A RECALL ON THE 1998 HONDA ACCORDS. THIS IS NOT RIGHT THAT THE TRANSMISSION WENT OUT SO EARLY ON IN THE CAR'S LIFE AND SOMETHING NEEDS TO BE DONE ABOUT THIS ISSUE. I KNOW THAT THIS MUST BE GOING ON ON A LARGER SCALE PROBABLY ALL OVER THE COUNTRY AND BEING IGNORED BY THE DEALERS.*AK |
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