Ownership Cost for 2004 Mitsubishi Lancer (O-Z Rally)
Estimated: $33152 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1083 | $520 | $455 | $411 | $368 | $2837 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1393 | $1435 | $1485 | $1544 | $1614 | $7471 |
| Maintenance | $2763 | $1738 | $866 | $441 | $2291 | $8099 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $342 | $342 | $342 | $342 | $342 | $507 |
| Total Ownership Costs | $8009 | $6372 | $5707 | $5454 | $7610 | $33152 |
| Model year | COMPONENT | Complaint |
| 2002 | SERVICE BRAKES, HYDRAULIC | TL*THE CONTACT OWNS A 2002 MITSUBISHI LANCER. EVER SINCE THE VEHICLE WAS PURCHASED, THE CONTACT HAS EXPERIENCED SEVERAL FAILURES REGARDING THE BRAKE SYSTEM. WHILE APPLYING THE BRAKES, SHE HEARD A CLICKING NOISE COMING FROM THE BRAKES. THE VEHICLE WAS TAKEN TO THE DEALER AND THEY TIGHTENED THE SUSPENSION STEERING. ONE YEAR LATER, WHILE DRIVING AT AN UNKNOWN SPEED, THE BRAKES BEGAN TO SQUEAK AND FAIL. THE VEHICLE WAS RETURNED TO THE DEALER FOR INSPECTION AND THEY FOUND NO FAILURES WITH THE BRAKE SYSTEM. TWO YEARS LATER, WHILE DRIVING VARIOUS SPEEDS, THE CONTACT HEARD A LOUD SQUEAKING NOISE COMING FROM THE FRONT BRAKES. THE VEHICLE WAS TAKEN TO THE DEALER AGAIN AND THEY STATED THAT THE FRONT BRAKES HAD A TEN PERCENT LOSS IN BRAKING POWER. THE FRONT BRAKES WERE REPLACED. SIX MONTHS LATER, WHILE BACKING UP THE VEHICLE, SHE HEARD A LOUD GRINDING NOISE COMING FROM THE REAR BRAKES. THE VEHICLE WAS TAKEN TO THE DEALER AND THEY RESURFACED BOTH REAR DRUMS. THE MANUFACTURER STATED THAT THE VEHICLE WAS OUT OF WARRANTY; THEREFORE, NO REPAIRS WERE MADE UNDER THE WARRANTY. THE FAILURE MILEAGE WAS 5,840 AND CURRENT MILEAGE WAS 66,000. UPDATED 12/22/08 *CN UPDATED 12/29/08. *JB |
| 2004 | AIR BAGS | DT*: THE CONTACT STATED WHILE DRIVING 55 MPH, THE VEHICLE'S APP SENSOR WENT OUT, WHICH CAUSED THE VEHICLE TO DECELERATE RAPIDLY AND NOT REV PAST 2500 RPMS. THE SERVICE DEPARTMENT WAS CONTACTED BUT COULD NOT FIND THE CAUSE OF THE PROBLEM. THE APP SENSOR WAS REPLACED 5 TIMES. THE CONTACT HAD REPAIR INVOICES AVAILABLE UPON REQUEST. UPDATED 10/25/2006 - THE BRAKE LIGHT INDICATOR ON THE DASH REMAINED ON AT ALL TIMES. THE DEALER REPLACED THE ALTERNATOR. THE SES LIGHT ILLUMINATED INTERMITTENTLY AND THE VEHICLE LACKED POWER. THE CLUTCH SLIPPED AT TIME. THE DEALER REPLACED THE CLUTCH DISC. *NM |
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