Ownership Cost for 2003 Volvo S60 2.4
Estimated: $34392 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1223 | $587 | $514 | $465 | $416 | $3205 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1500 | $1545 | $1599 | $1663 | $1738 | $8045 |
| Maintenance | $2763 | $1857 | $920 | $537 | $2291 | $8368 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $363 | $363 | $363 | $363 | $363 | $538 |
| Total Ownership Costs | $8277 | $6670 | $5937 | $5724 | $7784 | $34392 |
| Model year | COMPONENT | Complaint |
| 2002 | ENGINE AND ENGINE COOLING | TL* THE CONTACT OWNS A 2002 VOLVO S60 2.4. THE CONTACT WAS DRIVING 70 MPH WHEN A LOUD EXPLOSION EMITTED FROM UNDER THE HOOD AND SMOKE ENTERED THE INTERIOR. THE VEHICLE THEN STALLED AND WAS TOWED TO AN AUTHORIZED DEALER. THE DEALER STATED THAT OIL WAS NOT FLOWING INTO THE ENGINE AND THE BEARINGS WERE MELTED. THE MANUFACTURER WAS NOT NOTIFIED AND THE VEHICLE WAS NOT REPAIRED. THE FAILURE AND CURRENT MILEAGES WERE 49,000. |
| 2003 | VEHICLE SPEED CONTROL | WHILE DRIVING ON I-290 THE ENGINE OF MY 2003 VOLVO S60 SUDDENLY LOST ALL POWER. I NARROWLY ESCAPED SEVERAL SERIOUS ACCIDENTS ON A BUSY CHICAGO HIGHWAY. WHEN THE CAR LOSES POWER THERE IS ABSOLUTELY NOTHING THE OPERATOR CAN DO TO MOVE OVER TO THE SIDE. I WAS DRIVING APPROX. 60 MPH WHEN THIS HAPPENED. THE VEHICLE COMPLETELY STALLED, AND I WAS ABLE TO RESTART THE VEHICLE AFTER APPROX. 30-60 SECONDS. THE PROBLEMS EXHIBITED BY THE CAR ARE EXACTLY THE SAME AS THE RECENT RECALL THAT VOLVO HAS ANNOUNCED FOR VOLVO VEHICLES. MY CAR IS NOT INCLUDED IN THIS RECALL. THE CAR IS NOW STALLING RANDOMLY AT LOWER SPEEDS. *NM |
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