Ownership Cost for 1997 Volvo 850 GLT
Estimated: $34677 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 | $1660 | $1709 | $1769 | $1840 | $1923 | $8901 |
| Maintenance | $2763 | $2093 | $935 | $473 | $2291 | $8555 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $273 | $273 | $273 | $273 | $273 | $404 |
| Total Ownership Costs | $8108 | $6946 | $6009 | $5738 | $7876 | $34677 |
| Model year | COMPONENT | Complaint |
| 1997 | SERVICE BRAKES, AIR:ANTILOCK:CONTROL UNIT/MODULE | ABS LIGHT COMING ON AND STAYING ON REPEATEDLY. AFTER NUMEROUS RESETS BY MY VOLVO REPAIR SHOP, THEY DETERMINED THAT THE ABS TRACTION CONTROL COMPUTER MODULE HAD FAILED. THE UNIT HAD TO BE REPLACED AT A COST TO ME OF $642.93. THE REPAIR SHOP INFORMED ME THAT THEY WERE DOING AN AVERAGE OF ONE OR TWO SUCH REPLACEMENTS ON THIS MODEL PER WEEK AND THAT THEY BELIEVED THIS TO BE A DEFECT FROM THE MANUFACTURE FOR THIS MODEL IN GENERAL. THE REPAIR SHOP WORKS EXCLUSIVELY ON VOLVOS, HUBBARD WOODS MOTORS, 985 GREENBAY ROAD, WINNETKA, IL, 60093; PHONE 8470446-0711; OWNER, ROBERT L. BERGER. *NM |
| 1997 | ELECTRICAL SYSTEM | CONSUMER STATES THE ALTERNATOR WAS REPLACED AND THE BATTERY WAS REPLACED TWICE.*JB |
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