Ownership Cost for 2001 Toyota Corolla CE
Estimated: $32511 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 | $1300 | $1339 | $1386 | $1441 | $1506 | $6972 |
| Maintenance | $2763 | $1890 | $891 | $436 | $2291 | $8271 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $305 | $305 | $305 | $305 | $305 | $451 |
| Total Ownership Costs | $7780 | $6376 | $5586 | $5305 | $7464 | $32511 |
| Model year | COMPONENT | Complaint |
| 2005 | STEERING:ELECTRIC POWER ASSIST SYSTEM | THE BRAKES FAILED, CAUSING THE VEHICLE TO CRASH INTO A WALL WHILE ATTEMPTING TO PARK IN A GARAGE. ALSO, POWER STEERING DID NOT WORK DURING INCLEMENT WEATHER, MAKING THE ABILITY TO MAINTAIN CONTROL OF THE VEHICLE DIFFICULT. MANUFACTURER WAS CONTACTED BY CONSUMER.*AK PRIOR TO THE ACCIDENT, THE BRAKES LOCKED UP AND SKIDDED IN DRY ROAD CONDITIONS. VEHICLE SURGED FORWARD WHEN ATTEMPTING TO STOP VEHICLE. WHEN THE POWER STEERING FAILED THE BATTERY LIGHT CAME ON. DEALER FOUND NOTHING WRONG AND NO ADJUSTMENTS WERE MADE. AFTER VEHICLE CAME BACK FROM DEALER'S INSPECTION THERE WAS A GRINDING/SCRETCHING NOISE. CONSUMER HAD TO TAKE VEHICLE BACK TO DEALER AND FOUND THAT THE BACKING PLATE BEHIND THE ROTORS WAS BENT. BACKING PLATE WAS BEND BACK INTO PLACE. CONSUMER FELT GRINDING NOISE WAS NOT A RESULT OF ACCIDENT AND/OR DAMAGES OCCURED TO VEHICLE. *TT |
| 2001 | SERVICE BRAKES, HYDRAULIC:ANTILOCK | I VISITED SEVERAL TOYOTA DEALERS BECAUSE I AM HELPING A FRIEND IN BYING A NEW COROLLA. DESPITE I ADVISE HER TO INCLUDE THE SAFETY FETAURES: SIDE AIRBAGS AND ABS NO DEALEAR MAKE THEM AVAILABLE IF NOT INCREASING THE LEASE BY 50% (WHILE THE INCREASE IN VALUE IS ABOUT 10%) AND ASKING TO WAIT 3 MONTHS. MAKING SO PRACTICALLY IMPOSSIBLE TO HAVE THEM. SOME DEALERS REACHED THE POINT TO SAY THAT THOSE ITEMS ARE NOT AVAILABLE ON THE COROLLA. SUCH A BEHAVIOUR IT IS NOT ACCEPTABLE. CAR MANUFACTURERS ARE SUPPOSED TO PROMOTE THE SENSIBILITY TOWARD SAFETY NOT TO BOYCOTT IT. |
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