Ownership Cost for 1987 AMC Cherokee (Laredo 4WD)
Estimated: $26546 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 | $2229 | $2295 | $2376 | $2471 | $2582 | $11953 |
| Maintenance | $477 | $253 | $137 | $225 | $1239 | $2331 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $5256 | $4849 | $4837 | $5168 | $6436 | $26546 |
| Model year | COMPONENT | Complaint |
| 1991 | SERVICE BRAKES, HYDRAULIC:ANTILOCK | ANTI LOCK BRAKES FAIL ON OCCASIONS. |
| 1987 | ELECTRICAL SYSTEM:WIRING:FRONT UNDERHOOD | THE ACCESSORIES WIRE [BROWN IN COLOR] OVERHEATS AND MELTS CAUSING THE SOCKET ASSEMBLY AND THE IGNITION SWITCH TO ALMOST CATCH ON FIRE. THAT ONE WIRE ON 1987 AND EARLY MODELS HAPPENS ALOT. I RESEARCHED A NUMBER OF JEEPS IN SALVAGE YARDS LOCALLY. JEEP MUST HAVE DISCOVERED THE DEFECT LATER MODELS HAVE AN EXTRA RED WIRE ON THAT SOCKET TO TAKE UP SOME OF LOAD ON THAT WIRE. I HAVE'NT FINISHED MY RESEARCH YET TO FIND WHAT YEAR THEY ADDED THE EXTRA WIRE. *AK |
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