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2005 Ford Mustang Convertible Cost Of Ownership

If you buy a used 2005 Mustang Convertible, you should expect to pay more than the usual retail pricing or a private-party price. The total cost of ownership of a 2005 Ford Mustang Convertible has other costs in addition to financing costs. These ‘05 Ford Mustang Base Convertible ownership costs include insurance, depreciation, operating costs like fuel, maintenance

‘05 Mustang Base Convertible Ownership Costs

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	YEAR 1	YEAR 2	YEAR 3	YEAR 4	YEAR 5	5 YR TOTAL
Depreciation	$6,105	$2,091	$2,306	$2,192	$2,143	$14,837
Financing	$1,088	$871	$643	$400	$144	$3,146
Insurance	$1,407	$1,407	$1,407	$1,407	$1,407	$7,033
State Fees	$120	$87	$80	$71	$70	$428
Fuel	$1,037	$1,115	$1,198	$1,288	$1,385	$6,022
Maintenance	$138	$281	$317	$917	$332	$1,985
Repairs	N/A	N/A	N/A	$334	$390	$724
Cost Per Year	$9,894	$5,851	$5,951	$6,609	$5,870	$34,175
Hybrid Tax Credit						N/A
5-Year Cost of Similar Vehicles						$32,075
Difference						-$2,099
Value Rating						Average