Ownership Cost for 1996 Mercury Cougar XR7
Estimated: $34488 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 | $1733 | $1785 | $1848 | $1922 | $2008 | $9296 |
| Maintenance | $2763 | $1964 | $826 | $225 | $2291 | $8069 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $207 | $207 | $207 | $207 | $207 | $307 |
| Total Ownership Costs | $8115 | $6885 | $5969 | $5566 | $7953 | $34488 |
| Model year | COMPONENT | Complaint |
| 1995 | SERVICE BRAKES, HYDRAULIC:FOUNDATION COMPONENTS:DISC | THE RIGHT FRONT BRAKE SQUEAKS WHEN APPLYING PRESSURE TO THE BRAKE PEDAL. THE VEHICLE WILL PULL TO THE RIGHT SIDE OF THE ROAD. TAKEN TO DEALER SEVERAL TIMES FOR THIS PROBLEM. *AK |
| 1996 | ENGINE AND ENGINE COOLING:ENGINE | I PURCHASED MY COUGAR IN 1996 BRAND NEW. I HAVE BEEN IT SOUL OWNER SINCE THE DATE OF PURCHASE. ON NOVEMBER 23, 2004 I WAS DRIVING TO WORK AND ABOUT HALF WAY THERE MY LOW COOLANT LIGHT CAME ON. THERE WAS NO OTHER SIGNS THAT MY CAR WAS IN TROUBLE, NO OVERHEATING ON MY TEMPERATURE GAUGE, SO I CONTINUED TO WORK, PARKED THE CAR. BEFORE I STARTED THE CAR I ADDED A GALLON OF ANTIFREEZE AND IT SEEMED TO DRAIN OUT SO I ADDED ANOTHER GALLON, IT DID THE SAME. I IMMEDIATE CALLED MY MECHANIC BEFORE STARTING THE CAR. HE TOLD ME TO START THE CAR AND WHEN I DID I LOOKED UNDER THE CAR AND ALL THE ANTIFREEZE WAS POURING OUT FAST. I SHUT OFF THE CAR AND HAD IT TOWED DIRECTLY TO MY MECHANIC. HE HAS INFORMED ME THAT THE MANIFOLD HAS CRACKED. I HAVE HAD THIS ITEM PERIODICALLY CHECKED SINCE I RECEIVED THE RECALL INFORMATION IN 1998. EACH CHECK HAS ASSURED ME THAT THIS MANIFOLD WAS IN GOOD SHAPE. NOW I FIND OUT THAT THE RECALL WILL NOT COVER THE REPLACEMENT OF THE MANIFOLD. THIS IS GOING TO COST ME $1100.00 TO FIX. I THINK IT IS VERY UNFAIR THAT FORD WILL NOT CONTINUE TO HONOR THE RECALL SINCE THEY KNOW THAT THIS PLASTIC MANIFOLD WILL NOT HOLD UP FOR THE LIFE OF THE CAR. THIS IS MY FIRST MAJOR ISSUE AND I AM VERY DISAPPOINTED IN FORDS POLICY. I BOUGHT MY COUGAR IN GOOD FAITH AND I LOVE MY CAR VERY MUCH. BECAUSE I TAKE CARE OF MY VEHICLE I MISSED THE CUTOFF TIME BY FOUR MONTHS AND NOW IT WILL COST ME DEARLY. WHY WEREN'T VEHICLE OWNERS INFORMED OF THE CUTOFF TIMES? I WAS GIVEN THE IMPRESSION THIS RECALL WOULD BE HONORED IN GOOD FAITH FOR THE LIFE OF THE VEHICLE. *NM |
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