Ownership Cost for 2008 Volvo V70 3.2
Estimated: $43808 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2657 | $1275 | $1116 | $1010 | $903 | $6961 |
| Insurance | $1711 | $1771 | $1833 | $1897 | $1963 | $9175 |
| Fuel | $1950 | $2009 | $2079 | $2162 | $2259 | $10459 |
| Maintenance | $2763 | $2015 | $1169 | $1216 | $2291 | $9454 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $880 | $880 | $880 | $880 | $880 | $1304 |
| Total Ownership Costs | $10938 | $8308 | $7621 | $7783 | $9158 | $43808 |
| Model year | COMPONENT | Complaint |
| 2001 | ELECTRICAL SYSTEM | WARNING LIGHTS HAD BEEN COMING ON, BUT WITHOUT SYMPTOMS. NOW "PERFORMANCE REDUCED" LIGHT COMES ON, CAR WILL ONLY GO ABOUT 20-25 MPH, NON-RESPONSIVE TO GAS PEDAL. DEALER DIAGNOSIS - ETM FAILURE. *JB |
| 2008 | ELECTRICAL SYSTEM | TL* THE CONTACT OWNS A 2008 VOLVO V70. THE CONTACT STATED THAT THE VEHICLE FAILED TO START. THE CONTACT ALSO SMELLED SULFUR FUMES. THE CONTACT INSPECTED THE VEHICLE AND NOTICED THAT THE BATTERY WAS CORRODED. THE NEGATIVE CABLE OF THE BATTERY WAS SO CORRODED THAT IT WAS BARE AND TOUCHING METAL IN THE ENGINE COMPARTMENT CAUSING A SHORT AND THE BATTERY TO OVERHEAT AND IT ALMOST CAME CLOSE TO COMBUSTING. THE VEHICLE WAS TOWED TO THE DEALER FOR INSPECTION AND THEY STATED THAT BOTH THE BATTERY AND THE BATTERY CABLES NEEDED TO BE REPLACED. THE VEHICLE WAS REPAIRED. THE MANUFACTURER WAS NOTIFIED. THE FAILURE MILEAGE WAS 72,000. |
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