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 |
| 1999 | VEHICLE SPEED CONTROL | DT: THE CONTACT STATED BASICALLY THE WARNING LIGHT WAS COMING ON IN THE LATTER PART OF 2003. IT HAPPENED SEVERAL TIMES. HE TOOK THE VEHICLE TO THE DEALER, AND THE DEALER TOLD HIM THAT HE COULD HAVE IT CLEANED, BUT THE WARNING LIGHT COULD STILL COME ON. HE WOULD EVENTUALLY HAVE TO REPLACED THE ELECTRONIC THROTTLE MODULE (ETM). THE CONTACT HAD IT REPLACED IN 2-04, AND JUST FOUND OUT ABOUT THE PROBLEM WITH THE VALVES. HE CALLED THE DEALER STATING HE WOULD LIKE HIS MONEY BACK FROM VOLVO. BECAUSE THE CAR WAS NOT UNDER WARRANTY AT THE TIME HE HAD THE ETM REPLACED, AND BECAUSE THE MILEAGE WAS 64,495, THEY COULD NOT REIMBURSE HIM. THE CALLER WAS NOT THE ORIGINAL OWNER. *AK |
| 1998 | EXTERIOR LIGHTING:TURN SIGNAL | LEFT TURN INDICATOR BEGAN FLASHING QUICKLY, INDICATING A POSSIBLE BULB FAILURE. AFTER REMOVING THE BULB, FOUND SEVERE BLACK CHARRING SURROUNDING THE CONTACT AREA. AFTER CLEANING, THE BULB STOPPED FLASHING. |
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