Ownership Cost for 1998 Volvo V70
Estimated: $47354 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $3813 | $1830 | $1601 | $1449 | $1296 | $9989 |
| Insurance | $1567 | $1622 | $1679 | $1738 | $1799 | $8405 |
| Fuel | $1625 | $1674 | $1732 | $1802 | $1883 | $8716 |
| Maintenance | $2763 | $2912 | $1649 | $2052 | $2291 | $11667 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $1432 | $1432 | $1432 | $1432 | $1432 | $2121 |
| Total Ownership Costs | $12177 | $9339 | $8167 | $8591 | $9081 | $47354 |
| Model year | COMPONENT | Complaint |
| 1998 | SERVICE BRAKES, HYDRAULIC:ANTILOCK:ABS WARNING LIGHT | 1998 VOLVO - (V70 AND OTHERS) ABS/TRAC CONTROL MODULE FAILS WITH 64,000 MILES ON CAR. SYMPTOMS ARE INTERMITTENT WARNING LIGHTS. WELL DOCUMENTED PROBLEM ACCORDING TO DEALER AND OTHER OWNERS (SEE WWW.BRICKBOARD.COM) REPAIR IS NEARLY $700. MAJOR SAFETY ISSUE SINCE ABS AND TRAC DO NOT WORK WHEN LIGHTS ARE ON AND MODULE FAILS.*AK |
| 1998 | STEERING:COLUMN | TL* THE CONTACT OWNS A 1998 VOLVO CROSS COUNTRY V70. TWICE WITHIN THE YEAR, THE RACK AND PINION HAD TO BE REPAIRED. AFTER THE FIRST REPAIR THE STEERING COLUMN CONTINUED TO LOCK WHILE DRIVING. THE FIRST REPAIR COST $1000.00. THE SECOND REPAIR WAS PERFORMED AT AN EXPENSE OF $14000.00. THE FAILURE MILEAGE WAS 100000 . THE CURRENT MILEAGE WAS 115000. |
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