Ownership Cost for 2008 Volvo S60 2.5T
Estimated: $40155 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2233 | $1072 | $938 | $849 | $759 | $5851 |
| Insurance | $1656 | $1714 | $1774 | $1836 | $1901 | $8881 |
| Fuel | $1696 | $1747 | $1808 | $1880 | $1965 | $9096 |
| Maintenance | $2763 | $1834 | $1047 | $948 | $2291 | $8883 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $667 | $667 | $667 | $667 | $667 | $988 |
| Total Ownership Costs | $9992 | $7581 | $6961 | $6992 | $8629 | $40155 |
| Model year | COMPONENT | Complaint |
| 2004 | FUEL/PROPULSION SYSTEM | THE CAR HAD FUEL PUMP REPLACED ON 06/30/11 AND AGAIN (UNDER PARTS WARRANTY) AFTER BEING TOWED ON 05/14/13. ON JUNE 10, 2013 THE CAR HAD TO BE TOWED TO DEALER AGAIN WITH FUEL SUPPLY ISSUES. AFTER MUCH ANALYSIS, IT WAS CONCLUDED THAT THE FUEL TANK NEEDED TO BE REPLACED. THE PRICE QUOTED FOR THE PART WAS $2447 AND LABOR $1400. THE FUEL PUMP APPARENTLY HAS AN INNER CONNECTOR SEAL (OR RING AND CLIP) THAT IS INTEGRAL TO THE TANK (CANNOT BE REPLACE SEPARATELY) THAT WAS POPPING LOOSE UNDER PRESSURE. AFTER MUCH DEBATE WITH VOLVO OF NORTH AMERICA, THEY GOT APPROVAL TO GIVE ME THE PART AT HALF PRICE--STILL $1223 PLUS AROUND $900 LABOR. IN DISCUSSING THIS WITH THE SHOP FOREMAN, HE HAD TALKED TO VOLVO REGIONAL PEOPLE ONE THE LOOKOUT FOR FLAWS. THEY WERE AWARE OF THIS PROBLEM, AND ALTHOUGH IT WAS RARE IT HAD HAPPENED ON SEVERAL OCCASIONS TO METAL TALKS THAT ARE 'CALIFORNIA' SPECS. ALTHOUGH VOLVO IS AWARE OF THE PROBLEM, THEY HAVE NOT NOTIFIED OWNERS OR DONE A RECALL BUT ARE REQUIRING THOSE WITH THE DEFECTIVE PART TO DISCOVER IT AND PAY FOR REPAIRS ON THEIR OWN. I THINK VOLVO SHOULD REFUND MY REPAIR COSTS AND NOTIFY OTHER OWNERS WHO HAVE THE SAME FUEL TANK. *TR |
| 2008 | POWER TRAIN | ON THE ABOVE DATE I STARTED MY VEHICLE AND PUT THE VEHICLE IN REVERSE TO PULL OUT OF PARKING SPACE. IMMEDIATELY AFTER RELEASING MY FOOT FROM THE BRAKE AND BEFORE TOUCHING THE GAS PEDAL, THE CAR ACCELERATED IN REVERSE SO FAST THAT I BOUNCED OFF A CEMENT POLE IN THE MIDDLE OF THE PARKING LOT. THE FORCE WAS SO GREAT THAT THE VEHICLE BOUNCED THREE TIMES BEFORE I WAS ABLE TO STOP IT WHICH I DID BY APPLYING THE BRAKE AND BEING BLOCKED BY THE POLE. AFTER I CAME TO A STOP I REALIZED THAT IT WAS IN FACT THE POLE THAT HAD STOPPED MY CAR. I WAS ALSO BLOCKING THE PARKING LOT SO I PUT MY FOOT BACK ON BRAKE AND PUT THE CAR IN DRIVE TO GET OUT OF WAY OF OTHER MOTORISTS AND TO ASSESS DAMAGE TO THE REAR OF MY VEHICLE. AT THIS POINT, TO MY SURPRISE, AS I TOOK MY FOOT OFF THE BRAKE AND BEFORE I COULD TOUCH THE ACCELERATOR, THE VEHICLE DID THE SAME THING IN DRIVE AS IT HAD DONE IN REVERSE AND I WENT HURLING TOWARD A VERY BUSY FOUR LANE STREET. I APPLIED FOOT BRAKE AND PULLED EMERGENCY BRAKE AND WAS STILL NOT ABLE TO STOP DUE TO THE FORCE OF ACCELERATION. THANKFULLY I HIT THE CEMENT PARKING MARKER AND A DIVIDER WHICH RAISED MY CAR OFF GROUND SO THAT THE FRONT WHEELS WE IN THE AIR. NEVER ONCE DID MY FOOT TOUCH THE ACCELERATOR OF THE VEHICLE NOR WAS THEIR ANYTHING ELSE TOUCHING THE ACCELERATOR. *TR |
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