Ownership Cost for 2003 Volvo S60 2.4T
Estimated: $34866 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1218 | $585 | $512 | $463 | $414 | $3192 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1592 | $1640 | $1697 | $1765 | $1844 | $8538 |
| Maintenance | $2763 | $1856 | $919 | $535 | $2291 | $8364 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $362 | $362 | $362 | $362 | $362 | $537 |
| Total Ownership Costs | $8363 | $6761 | $6032 | $5822 | $7889 | $34866 |
| Model year | COMPONENT | Complaint |
| 2003 | ENGINE AND ENGINE COOLING | I HAVE A 2003 S60 VOLVO. WHILE DRIVING 55 MPH THE CAR WOULD GO INTO LIMP MODE AND THE SPEED WOULD QUICKLY DROP TO 10 MPH AND THE MESSAGE REDUCED ENGINE PERFORMANCE WOULD BE DISPLAYED. THE CAR WILL NOT ACCELERATE PAST THAT SPEED. THIS IS VERY SERIOUS SAFETY CONCERN BECAUSE THE QUICK DROP IN SPEED MAY LEAD TO AN ACCIDENT. I TOOK THE CAR TO A VOLVO DEALERSHIP AND WAS INFORMED THE CAR NEEDS THE ELECTRONIC THROTTLE SYSTEM REPLACED. THIS WAS A COMMON PROBLEM WITH OLDER MODELS AND A RECALL WAS ISSUED AFTER A CLASS ACTION LAWSUIT. MY MODEL IS NOT INCLUDED IN THIS RECALL, HOWEVER; IT IS EXHIBITING THE EXACT SAME PROBLEM THAT USUALLY OCCURS WHEN THE CAR REACHES 100,000 MILES. *TR |
| 2003 | VEHICLE SPEED CONTROL | TL*THE CONTACT OWNS A 2003 VOLVO S60. WHILE DRIVING LOW SPEEDS, THE VEHICLE WOULD ACCELERATE ABNORMALLY. THE CONTACT EXPERIENCED DIFFICULTY ACCELERATING AS IF THE VEHICLE WERE IN LIMP MODE. IN ADDITION, THE VEHICLE STALLS WITHOUT WARNING. SHE TOOK THE VEHICLE TO THE DEALER AND THEY STATED THAT THEY COULD NOT DUPLICATE THE FAILURE AND PROVIDE A REMEDY. THE 2003 S60 WAS NOT INCLUDED IN NHTSA CAMPAIGN ID NUMBER 06V441000 (VEHICLE SPEED CONTROL). THE FAILURE MILEAGE WAS 40,000 AND CURRENT MILEAGE WAS 74,000. |
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