Ownership Cost for 1981 Mercury Cougar (XR7 2-Door Sedan)
Estimated: $27623 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 | $1214 | $253 | $137 | $225 | $1579 | $3408 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $5993 | $4849 | $4837 | $5168 | $6776 | $27623 |
| Model year | COMPONENT | Complaint |
| 1990 | ENGINE AND ENGINE COOLING:ENGINE | ENGINE HEAD GASKET FAILURE AT 75K MILES. FORMER FORD MECHANIC STATED HE HAD REPAIRED HUNDREDS OF THESE 3.8 HEAD GASKET FAILURES. NEW SHOP SPECS FOR REPAIR WERE FOR TIGHTER TORQUE THAN DONE AT FACTORY AND REPLACE ENGINE BOLTS WITH LARGER ONES. HE FELT IT SHOULD HAVE BEEN A RECALL ITEM, SINCE IT WASN'T PROPERLY DONE AT FACTORY. HAVE NOT HAD REPAIRS DONE YET. IS THERE AN INVESTIGATION PENDING ON THIS SITUATION AND/OR POSSIBLE RECALL BEING PREPARED? THANK YOU. *AK |
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