Ownership Cost for 1998 Volvo V70 GLT
Estimated: $41982 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $2365 | $1135 | $993 | $899 | $804 | $6196 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1857 | $1913 | $1980 | $2059 | $2152 | $9961 |
| Maintenance | $2763 | $2684 | $1356 | $1410 | $2291 | $10504 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $731 | $731 | $731 | $731 | $731 | $1082 |
| Total Ownership Costs | $10144 | $8455 | $7287 | $7461 | $8634 | $41982 |
| Model year | COMPONENT | Complaint |
| 2002 | VEHICLE SPEED CONTROL | TL* THE CONTACT OWNS A 2002 VOLVO V70. THE CONTACT STATED THAT WHILE DRIVING 70 MPH, THE VEHICLE STALLED AND THE CHECK ENGINE LIGHT ILLUMINATED ON THE INSTRUMENT PANEL. UPON RESTARTING, THE VEHICLE SHIFTED INTO LIMP MODE. THE VEHICLE WAS TAKEN TO AN INDEPENDENT MECHANIC AND THE CONTACT WAS INFORMED THAT THE ELECTRONIC THROTTLE MODULE NEEDED TO BE REPAIRED. THE VEHICLE WAS NOT REPAIRED. THE MANUFACTURER WAS MADE AWARE OF THE FAILURE AND INFORMED THE CONTACT THAT THE VEHICLE WAS NOT INCLUDED IN THE RECALL ASSOCIATED WITH NHTSA CAMPAIGN ID NUMBER 06V441000 (VEHICLE SPEED CONTROL). THE FAILURE MILEAGE WAS 140,000. |
| 1998 | SEATS:FRONT ASSEMBLY:SEAT HEATER/COOLER | MY CAR IS A 1998 VOLVO V70 T5 WITH 75,000 MILES ON THE ODOMETER. AT ABOUT 7PM ON DECEMBER 28TH, 2005, I MOVED THE CAR FROM MY DRIVEWAY OUT ONTO THE STREET IN FRONT OF MY HOUSE, IN ORDER TO ALLOW A SECOND TANDEM-PARKED CAR OUT. THE VOLVO REMAINED PARKED ON THE STREET, DOORS LOCKED AND WINDOWS UP, UNTIL ABOUT 10PM. AT 10PM I WENT TO MOVE IT BACK INTO THE DRIVEWAY, ONLY TO DISCOVER THAT THE INTERIOR HAD CAUGHT FIRE - THE FIRE WAS NO LONGER BURNING. THE PASSENGER SEAT WAS BURNT DOWN TO THE FRAME, AND SOME OF THE SURROUNDING TRIM ON THE DOOR, DASH AND CENTER CONSOLE WAS BURNED AND MELTED. THE REST OF THE INTERIOR WAS NOT BURNED BUT WAS COVERED WITH SOOT. MY INSURANCE COMPANY - COMMERCE INSURANCE OF MASSACHUSETTS - APPRAISED THE CAR AND DECLARED IT TO BE A TOTAL LOSS. I CAN'T SAY CONCLUSIVELY, BUT, IT APPEARS TO ME THAT THE PASSENGER SIDE SEAT HEATER WAS THE CAUSE OF THE FIRE. I NOTE THAT FOR MODEL YEARS 1996 AND 1997 THERE WAS A RECALL AGAINST VOLVO 850 SEAT HEATERS RELATED TO A FIRE HAZARD, BUT THIS RECALL DOES NOT APPLY TO 1998 MODELS. PERHAPS THE RECALL SHOULD BE EXTENDED TO LATER MODELS. *NM |
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