Ownership Cost for 2001 Volvo V70 T5
Estimated: $34190 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $984 | $472 | $413 | $374 | $335 | $2578 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $1625 | $1674 | $1732 | $1802 | $1883 | $8716 |
| Maintenance | $2763 | $1873 | $880 | $411 | $2291 | $8218 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $298 | $298 | $298 | $298 | $298 | $441 |
| Total Ownership Costs | $8098 | $6693 | $5920 | $5640 | $7839 | $34190 |
| Model year | COMPONENT | Complaint |
| 2000 | AIR BAGS | MY ENTIIRE TRANSMISSION FAILED AND HAD TO BE REPLACED BY THE MANUFACTURER. MY TURBO HAS NOW FAILED AND WARRANTY RECENTLY EXPIRED. THE CURRENT QUOTE IS $1000.00 OR MORE TO REPAIR THIS. THE AIRBAG DID NOT DEPLOY ON 2 OCCASIONS WHEN IT SHOULD HAVE. THE DEALERSHIP REFUSED TO CHECK IT BECAUSE IT WAS TOO EXPENSIVE. WHEN I BOUGHT THE CAR AT 7500 MILES, THE ANTENNA MOTOR WAS BROKEN. MY SALESPERSON TOLD ME THEY WOULD REPAIR IT ON MY NEXT SERVICE APPOINTMENT. THIS PROMISE WAS NOT HONORED, THEY LATER CLAIMED THAT WAS MY FAULT AND NOT COVERED UNDER WARRANTY. THIS SEEMS LIKE A LOT OF PROBLEMS FOR A CAR OF THIS CALIBER. I AM EXTREMELY DISSAPPOINTED WITH VOLVO SERVICE AND QUALITY. I HAD A HONDA FOR 7 YEARS AND NEVER HAD PROBLEMS LIKE THESE. I WILL GO BACK TO HONDA NOW. |
| 2001 | ELECTRICAL SYSTEM | VOLVO V70 2001 HESITATING TO CHANGE GEAR, PROBLEM OCCURS MORE FREQUENTLY DURING SLOW COMMUTE AT APROX. 20-40 MILES/HR. ONE DAY DRIVING THROUGH I-285 IN ATLANTA, GA CAR SUDDENLY STOPPED. THANK GOD I WAS AT AN EXIT AREA AND WAS ABLE TO SLIDE CAR TO A NON TRAFFIC AREA. CAR WAS ABLE TO START ENGINE AGAIN APROX. WITHIN 5-10 MINUTES. CAR PROBLEM WAS REPORTED TO NORTH POINT VOLVO, ALPHARETTA, GA. THE CAR HAD A "SENSOR PROBLEM" AND WAS "CORRECTED", PER THE DEALER.. TODAY CAR IS STILL HAVING PROBLEMS - HESITANT TO CHANGE GEAR. I AM WORRIED IT WILL TURN OFF AGAIN ONE DAY. RESEARCHING IN THE INTERNET FOUND A LOT OF PEOPLE WITH SAME PROBLEMS. VOLVO COMPANY SHOULD BE INVESTIGATED. *TR |
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