How Much Does an Accident Devalue a Car?
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BMW of North America, LLC (BMW) is recalling certain 2008-2014 MINI Clubman Cooper, Clubman Cooper S, Clubman John Cooper Works, and 2007-2013 MINI Hardtop 2-Door Cooper, Cooper S, and John Cooper Works vehicles sold, or ever registered, in Alaska, Colorado, Connecticut, Delaware, Illinois, Indiana, Iowa, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Dakota, Ohio, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont, Virginia, West Virginia, Washington D.C., and Wisconsin. The electronic control module in the driver's side footwell area may short-circuit, due to corrosion from water and road salt.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $691 |
Year 2 $638 |
Year 3 $585 |
Year 4 $532 |
Year 5 $478 |
Total for 5 years: $2,924 |
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 $1,300 |
Year 2 $1,339 |
Year 3 $1,386 |
Year 4 $1,441 |
Year 5 $1,506 |
Total for 5 years: $6,972 |
Maintenance |
Year 1 $2,763 |
Year 2 $1,889 |
Year 3 $941 |
Year 4 $585 |
Year 5 $2,291 |
Total for 5 years: $8,469 |
Repair |
Year 1 $1,347 |
Year 2 $1,290 |
Year 3 $1,473 |
Year 4 $1,590 |
Year 5 $1,816 |
Total for 5 years: $7,516 |
Taxes & Fees |
Year 1 $381 |
Year 2 $43 |
Year 3 $55 |
Year 4 $35 |
Year 5 $49 |
Total for 5 years: $563 |
Total for 5 years: $34,227
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