Research: Which Cars Suffer From Depreciation the Most?
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MITSUBISHI IS RECALLING 45,988 MY 2005-2007 ENDEAVOR, GALANT, ECLIPSE COUPE, AND MY 2007 ECLIPSE SPYDER VEHICLES. THE BRACKET THAT IS THE ATTACHMENT POINT FOR THE LEFT REAR FUEL TANK MOUNTING STRAP MAY HAVE BEEN IMPROPERLY FORMED DURING A METAL STAMPING PROCESS. THE PROCESS MAY HAVE CAUSED THE METAL TO HAVE A SPLIT IN THE AREA WHERE THE BOLT THAT HOLDS ONE OF THE TWO FUEL TANK STRAPS TO THE UNDERSIDE OF THE VEHICLE IS LOCATED. IN THE EVENT THE FUEL TANK IS FULL AND THE VEHICLE IS SUBJECT TO A SEVERE COLLISION, THE BRACKET MAY BREAK AND ALLOW THE FUEL TANK TO DROP DOWN, POSSIBLY CAUSING A FUEL LEAK.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $916 |
Year 2 $845 |
Year 3 $775 |
Year 4 $705 |
Year 5 $634 |
Total for 5 years: $3,875 |
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 $1,472 |
Year 2 $1,516 |
Year 3 $1,569 |
Year 4 $1,632 |
Year 5 $1,705 |
Total for 5 years: $7,894 |
Maintenance |
Year 1 $2,763 |
Year 2 $2,197 |
Year 3 $1,099 |
Year 4 $891 |
Year 5 $2,291 |
Total for 5 years: $9,241 |
Repair |
Year 1 $1,542 |
Year 2 $1,290 |
Year 3 $1,473 |
Year 4 $1,590 |
Year 5 $1,816 |
Total for 5 years: $7,711 |
Taxes & Fees |
Year 1 $481 |
Year 2 $55 |
Year 3 $70 |
Year 4 $45 |
Year 5 $62 |
Total for 5 years: $713 |
Total for 5 years: $37,215
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