How Is the Percentage of Vehicle Damage Calculated?
Read this article to discover how is the percentage of damage calculated
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Kia Motors Corporation (Kia) is recalling certain model year 2007-2010 Rondo, model year 2007-2011 Sedona, Sorento and Sportage, model year 2010-2011 Soul, model year 2008-2011 Optima, model year 2010 Forte, model year 2007-2009 Amanti, and model year 2009 Borrego vehicles. Originally, in April 2013, Kia recalled 623,658 model year 2007-2010 Rondo and Sportage, model year 2007-2011 Sorento, model year 2007 Sedona, model year 2010-2011 Soul, and model year 2011 Optima vehicles. In September 2013, Kia informed the agency that it was adding an additional 356,719 vehicles to this campaign. The total number of vehicles being recalled is now 980,377. In the affected vehicles, the stop lamp switch may malfunction. A malfunctioning stop lamp switch may cause the brake lights to not illuminate when the brake pedal is depressed or may cause an inability to deactivate the cruise control by depressing the brake pedal. Additionally, a malfunctioning stop lamp switch may also result in intermittent operation of the push-button start feature, affect the operation of the brake-transmission shift interlock feature preventing the shifter from being moved out of the PARK position and cause the Electronic Stability Control (ESC) malfunction light to illuminate.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $512 |
Year 2 $472 |
Year 3 $433 |
Year 4 $394 |
Year 5 $354 |
Total for 5 years: $2,165 |
Insurance |
Year 1 $1,451 |
Year 2 $1,502 |
Year 3 $1,554 |
Year 4 $1,609 |
Year 5 $1,665 |
Total for 5 years: $7,781 |
Fuel |
Year 1 $1,902 |
Year 2 $1,960 |
Year 3 $2,028 |
Year 4 $2,109 |
Year 5 $2,204 |
Total for 5 years: $10,203 |
Maintenance |
Year 1 $2,763 |
Year 2 $1,772 |
Year 3 $862 |
Year 4 $410 |
Year 5 $2,291 |
Total for 5 years: $8,098 |
Repair |
Year 1 $1,303 |
Year 2 $1,290 |
Year 3 $1,473 |
Year 4 $1,590 |
Year 5 $1,816 |
Total for 5 years: $7,472 |
Taxes & Fees |
Year 1 $320 |
Year 2 $36 |
Year 3 $46 |
Year 4 $30 |
Year 5 $41 |
Total for 5 years: $473 |
Total for 5 years: $36,194
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