Ownership Cost for 1985 Volvo 240 Wagon GL
Estimated: $26915 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 | $730 | $253 | $137 | $225 | $1356 | $2701 |
| Repairs | $91 | $323 | $353 | $487 | $612 | $1866 |
| Taxes & Fees | $24 | $24 | $24 | $24 | $24 | $36 |
| Total Ownership Costs | $5509 | $4849 | $4837 | $5168 | $6553 | $26915 |
| Model year | COMPONENT | Complaint |
| 1986 | TIRES | WHILE DRIVING, THE RIGHT REAR TIRE BLEW OUT, CAUSING CONSUMER TO LOSE CONTROL OF VEHICLE, CONSUMER SUFFERED MINOR INJURIES.(NO TIRE INFO GIVEN.(OHIO CRASH TRAFFIC REPORT)*JB |
| 1985 | ELECTRICAL SYSTEM:WIRING:FRONT UNDERHOOD | FOLLOWING MULTIPLE BREAKDOWNS FAILED INSULATION ON EXPOSED ELECTRICAL WIRES IN CLOSE PROXIMITY TO THE FUEL INJECTION SYSTEM AND ALTERNATOR WERE FOUND. I BELIEVE THIS TO BE A DANGEROUS SITUATION WHICH COULD LEAD TO FIRE AND HAVE TAKEN THE CAR OFF THE ROAD PENDING REPAIR. I SEARCHED GOOGLE FOR VOLVO BAD WIRING AND CAME UP WITH MANY HITS. THIS APPEARS TO BE A SAFETY RELATED DESIGN FAULT RELATED TO THE TYPE OF WIRE USED ONLY IN CERTAIN YEARS IN THE EARLY 1980'S. EARLIER AND LATER CARS SEEM TO BE OK. IT SEEMS THE WIRE IS NOT HEAT RESISTENT. |
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