Ownership Cost for 2003 Jeep Grand Cherokee Laredo
Estimated: $38810 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1356 | $651 | $570 | $515 | $461 | $3553 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $2229 | $2295 | $2376 | $2471 | $2582 | $11953 |
| Maintenance | $2763 | $1898 | $947 | $597 | $2291 | $8496 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $386 | $386 | $386 | $386 | $386 | $572 |
| Total Ownership Costs | $9161 | $7528 | $6800 | $6645 | $8676 | $38810 |
| Model year | COMPONENT | Complaint |
| 2001 | SERVICE BRAKES, HYDRAULIC:FOUNDATION COMPONENTS:DISC:ROTOR | 2001 JEEP GRAND CHEROKEE WITH SEVERAL PROBLEMS. CONSUMER STATES THAT HE HAS HAD THE HEATER, POWER STEERING PUMP, BRAKE CALIPERS, AND ROTORS REPAIRED OR REPLACED. CONSUMER STATED ROTORS WERE REPLACED TWICE AFTER THE WARRANTY WAS UP. *KB |
| 2003 | ELECTRICAL SYSTEM | THE VEHICLE WAS PARKED. A FIRE BEGAN FROM UNDERNEATH THE DRIVER'S SEAT WHICH IS BELIEVED TO BE AN ELECTRICAL FIRE. IT DESTROYED THE SEAT AND SURROUNDING AREA. NO ONE WAS IN THE VEHICLE AT THE TIME. IT APPEARED TO SMOLDER FOR SEVERAL HOURS. THE FIRE WAS DETECTED EARLY ENOUGH SO THAT THE ENTIRE VEHICLE WAS NOT AFFECTED. *TR |
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