Ownership Cost for 2007 Volvo V50 T5
Estimated: $38801 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2148 | $1031 | $902 | $816 | $730 | $5627 |
| Insurance | $1616 | $1673 | $1732 | $1792 | $1855 | $8668 |
| Fuel | $1529 | $1575 | $1630 | $1696 | $1772 | $8202 |
| Maintenance | $2763 | $1886 | $1051 | $926 | $2291 | $8917 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $627 | $627 | $627 | $627 | $627 | $928 |
| Total Ownership Costs | $9661 | $7375 | $6704 | $6705 | $8357 | $38801 |
| Model year | COMPONENT | Complaint |
| 2005 | FUEL SYSTEM, GASOLINE | 1. THE CAR, VOLVO V50 2005, WAS DRIVEN IN A BUSY HIGHWAY AT 65 MPH SUDDENLY THE SPEED DROPPED TO 25 MPH QUICKLY. THE DASHBOARD STARTED SHOWING WARNING REDUCED ENGINE PERFORMANCE. THIS WAS VERY DANGEROUS WHEN I HAD MY CHILDREN IN THE CAR IN A BUSY HIGHWAY. I SEARCHED IN THE WEB, REDUCED ENGINE PERFORMANCE HAPPENS A LOT IN VOLVO VEHICLES. 2. SECOND INSTANCE, THE CAR STALLED OUT WHEN THE CAR WAS AT 25 MPH. 3. ALL THE PROBLEMS WERE RELATED TO MALFUNCTION ENGINE CONTROL MODULE (EMC) SENSOR AND FUEL PRESSURE REGULATOR. *KB |
| 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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