Ownership Cost for 2007 Volvo V50 T5
Estimated: $41749 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2523 | $1211 | $1059 | $959 | $858 | $6610 |
| Insurance | $1667 | $1725 | $1786 | $1848 | $1913 | $8939 |
| Fuel | $1696 | $1747 | $1808 | $1880 | $1965 | $9096 |
| Maintenance | $2763 | $2054 | $1164 | $1175 | $2291 | $9447 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $811 | $811 | $811 | $811 | $811 | $1201 |
| Total Ownership Costs | $10437 | $7968 | $7233 | $7354 | $8758 | $41749 |
| Model year | COMPONENT | Complaint |
| 2005 | FUEL SYSTEM, GASOLINE | CAR BREAKDOWN REQUIRED THE FOLLOWING PARTS TO BE REPLACED - START CONTROL MODULE, PUMP CONTROL MODULE, FUEL PRESSURE SENSOR. *TR |
| 2007 | ELECTRICAL SYSTEM | ISSUE: CAR WOULD NOT START AND "STEERING LOCKED, PLEASE TRY AGAIN" ERROR MESSAGE WAS DISPLAYED. THE WHEEL IS NOT LOCKED, I CAN TURN IT, BUT THE ENGINE WILL NOT START AND IT KEEPS ON GIVING ME THE SAME MESSAGE. I HAD TO HAVE MY CAR TOWED TO THE DEALER WHO EXPLAINED THIS IS A PART FAILURE AND IS CHARGING ME $434.00 TO REPAIR IT. I SEE THIS BEING A POTENTIAL SAFETY ISSUE SINCE THE STEERING MAY LOCK ON ME AT SOME POINT WHEN THE CAR IS RUNNING. THIS SHOULD BE A RECALL ISSUE AND VOLVO HELD ACCOUNTABLE FOR REPAIRING THESE VEHICLES AT THEIR COST. *TR |
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