Ownership Cost for 2002 Volvo V70 T5
Estimated: $36810 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1536 | $737 | $645 | $584 | $522 | $4024 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1696 | $1747 | $1808 | $1880 | $1965 | $9096 |
| Maintenance | $2763 | $2035 | $1014 | $725 | $2291 | $8828 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $422 | $422 | $422 | $422 | $422 | $625 |
| Total Ownership Costs | $8845 | $7207 | $6380 | $6253 | $8125 | $36810 |
| Model year | COMPONENT | Complaint |
| 1999 | FUEL/PROPULSION SYSTEM | AS I WAS DRIVING HOME THE CAR STARTED RUNNING VERY ROUGH AND WAS NOT ABLE TO GET IT ABOVE 25 MPH. IT ALSO STARTED TO LUNGE FORWARD SPORADICALLY AND IT SEEMED LIKE IT WAS GOING TO STALL AT ANY MOMENT. I CONTACTED VOLVO DIRECTLY AND THEY CALLED IT "LIMP HOME MODE" AND THAT'S EXACTLY WHAT IT WAS, HORRABLE!!. I CONSIDER MYSELF LUCKY THAT MY CHILDREN WERE NOT WITH ME. APPARENTLY VOLVO RECOGNIZES THE PROBLEM BUT ARE NO LONGER FIXING THIS ONGOING PROBLEM. VOLVO ESTIMATED THAT THE FIX WOULD BE ON THE LOW END $900.00 UP TO ABOUT $1400.00. VOLVO IS NOT TAKING ANYMORE RESPONSIBILITY AND NOW IT'S UP TO THE CONSUMER TO ABSORB THE COST. *TR |
| 2002 | VEHICLE SPEED CONTROL:ACCELERATOR PEDAL | UPON APPROACHING AN INTERSECTION BRAKES WERE APPLIED TO SLOW THE VEHICLE DOWN. SUDDENLY, WHILE THE VEHICLE WAS SLOWING DOWN ENGINE REVVED, AND THE VEHICLE ACCELERATED. CONSUMER IMMEDIATELY DEPRESSED THE BRAKE PEDAL TO STOP THE ACCELERATION, BUT IT FAILED TO DO SO. VEHICLE STOPPED ACCELERATION WHEN THE VEHICLE SMASHED INTO A GUARD RAIL. MANUFACTURER WAS SENDING A TEAM FROM N.Y. TO EVALUATE THE PROBLEM. THIS VEHICLE WAS LEASED THROUGH THE CONNECTICUT FAMILY ORTHOPEDIC OFFICE.*AK |
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