Ownership Cost for 2002 Volvo V70 2.4
Estimated: $33659 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 | $1592 | $1640 | $1697 | $1765 | $1844 | $8538 |
| Maintenance | $2763 | $1741 | $816 | $289 | $2291 | $7900 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $274 | $274 | $274 | $274 | $274 | $405 |
| Total Ownership Costs | $8041 | $6524 | $5818 | $5479 | $7798 | $33659 |
| Model year | COMPONENT | Complaint |
| 2001 | POWER TRAIN:AUTOMATIC TRANSMISSION | PURCHASED A CERTIFIED PREOWNED V70 16000 MILES. SHORTLY AFTER PURCHASE I'VE EXPERIENCED INTERMITTENT ,SEVERAL SECOND HIGH ENGINE REV WHEN AUTOMATIC SHIFTS FROM 1ST GEAR TO 2ND GEAR. DEALER CANNOT FIND ANYTHING WRONG. *NM |
| 2002 | POWER TRAIN:AUTOMATIC TRANSMISSION | TL*THE CONTACT OWNS A 2002 VOLVO V70. THE CONTACT STATED WHEN THE VEHICLE SHIFTED INTO DRIVE THERE WAS A DELAY BEFORE IT WOULD ACCELERATE. THE CONTACT TOOK THE VEHICLE TO THE DEALER FOR A SOFTWARE UPGRADE BUT THAT DID NOT REMEDY PROBLEM. A TRANSMISSION MECHANIC CONFIRMED THAT THE TRANSMISSION NEEDED TO BE REPLACED. THE CONTACT STATED THAT THIS WAS A KNOWN FAILURE AND WAS CONCERNED SINCE THE MANUFACTURER WAS UNABLE TO RECTIFY THE FAILURE. THE FAILURE MILEAGE WAS 160,000. |
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