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Is It Better to Buy a Used Car Compared to a New Car?
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Volvo Car USA LLC (Volvo) is recalling certain 2017-2019 Volvo XC90, S90, V60, V60 Cross Country, V90, XC40, XC60, and V90 Cross Country vehicles. The software installed in the Vehicle Connectivity Module (VCM) may have an error causing the Telematics and Driver Support Systems to function improperly. As a result, the GPS will not provide location information to emergency personnel in the event of an emergency.
Volvo Cars of N.A., LLC (Volvo) is recalling certain 2008-2016 V70 and XC70, 2007-2016 S80, 2011-2018 S60 and V60, 2016-2018 S60 Cross Country, 2014-2020 S60L, 2009-2015 S80L, 2009-2016 XC60 and 2015-2018 V60 Cross Country vehicles. The flexible steel cable that connects the seat belt to the front outboard seating positions may fatigue over time, causing the seat belt to not secure the occupant in the event of a crash.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,716 |
Year 2 $1,584 |
Year 3 $1,452 |
Year 4 $1,320 |
Year 5 $1,188 |
Total for 5 years: $7,260 |
Insurance |
Year 1 $1,933 |
Year 2 $2,001 |
Year 3 $2,071 |
Year 4 $2,143 |
Year 5 $2,218 |
Total for 5 years: $10,366 |
Fuel |
Year 1 $1,279 |
Year 2 $1,317 |
Year 3 $1,363 |
Year 4 $1,418 |
Year 5 $1,481 |
Total for 5 years: $6,858 |
Maintenance |
Year 1 $2,176 |
Year 2 $1,673 |
Year 3 $1,119 |
Year 4 $1,324 |
Year 5 $2,021 |
Total for 5 years: $8,313 |
Repair |
Year 1 $767 |
Year 2 $945 |
Year 3 $1,073 |
Year 4 $1,196 |
Year 5 $1,386 |
Total for 5 years: $5,367 |
Taxes & Fees |
Year 1 $1,198 |
Year 2 $136 |
Year 3 $174 |
Year 4 $111 |
Year 5 $155 |
Total for 5 years: $1,774 |
Total for 5 years: $39,938
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