Ownership Cost for 1989 Mitsubishi Montero LS 4WD
Estimated: $26516 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 | $2294 | $2363 | $2446 | $2543 | $2658 | $12304 |
| Maintenance | $215 | $253 | $137 | $225 | $1119 | $1949 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $5060 | $4916 | $4907 | $5241 | $6392 | $26516 |
| Model year | COMPONENT | Complaint |
| 1995 | ENGINE AND ENGINE COOLING:ENGINE | CRANKSHAFT/ PULLEY BOLT SEPARATED, CAUSING DAMAGE TO VEHICLE. RECALL 00V311001 HAS BEEN ISSUED ON SIMILAR MAKES AND MODELS; HOWEVER, THIS VEHICLE WAS NOT INCLUDED DUE TO VIN. 3.5 LITER ENGINE. PLEASE PROVIDE FURTHER INFORMATION.*AK |
| 1989 | OTHER | WE HAVE EXPERIENCED THIS PROBLEM ON THREE DIFFERENT OCCASIONS IN THE PAST YEAR. OUR MECHANIC BELIEVES THAT IT IS A FLAW IN THE DESIGN OF THE PARTS INVOLVED. WE HAVE BEEN TOLD BY THE MECHANIC THAT HE WON'T EVEN ATTEMPT TO FIX THE VEHICLE IN THE FUTURE. HE HAS TOLD US TO SELL THE CAR AS SOON AS POSSIBLE, BECAUSE HE CAN GIVE US A "WRITTEN GAURANTEE THAT THE SAME PROBLEM WILL HAPPEN AGAIN. WE HAVE SPENT AROUND $900.00 SO FAR ON THIS PROBLEM, AND THE ESTIMATE TO GET IT FIXED AGAIN IS $1400.00. OUR FAMILY HAS BEEN WITHOUT A VEHICLE FOR OVER A MONTH BECAUSE WE CAN'T AFFORD THE REPAIR COST. |
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