Ownership Cost for 2011 Chevrolet Aveo LS
Estimated: $32977 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1715 | $823 | $720 | $652 | $583 | $4493 |
| Insurance | $1678 | $1736 | $1797 | $1860 | $1925 | $8996 |
| Fuel | $1258 | $1296 | $1341 | $1395 | $1458 | $6748 |
| Maintenance | $2189 | $1297 | $786 | $490 | $2027 | $6789 |
| Repairs | $745 | $925 | $1051 | $1174 | $1362 | $5257 |
| Taxes & Fees | $468 | $468 | $468 | $468 | $468 | $693 |
| Total Ownership Costs | $8053 | $6131 | $5763 | $5615 | $7415 | $32977 |
| Model year | COMPONENT | Complaint |
| 2004 | ENGINE AND ENGINE COOLING:ENGINE | THE TIMING BELT ON MY 2004 CHEVY AVEO BROKE AT 55,000 MILES. GM RECOMMENDS THAT THE TIMING BELT ON AVEOS BE REPLACED AT 60,000 MILES. THERE HAVE BEEN NUMEROUS REPORTS OF AVEO TIMING BELTS BREAKING BETWEEN 50,000 TO 56,000 MILES; HOWEVER, GM HAS NOT POSTED A WARNING ON THEIR WEBSITE, NOR HAVE DEALERSHIPS BEEN INFORMED. A CLOSER INSPECTION OF MY CAR REVEALED THAT THE IDLER PULLEY, WHICH IS MADE OF PLASTIC, MELTED AND MOLDED ITSELF TO THE ENGINE BLOCK, WHICH IS WHAT CAUSED THE BELT TO BREAK. *TR |
| 2011 | VEHICLE SPEED CONTROL | TL* THE CONTACT OWNS A 2011 CHEVROLET AVEO. THE CONTACT STATED THAT WHILE DRIVING APPROXIMATELY 55 MPH, THE VEHICLE SUDDENLY LOST POWER AND DECELERATED RAPIDLY. THE FAILURE OCCURRED FOUR TIMES PRIOR TO THE MOST RECENT FAILURE AND WAS REPAIRED. THE VEHICLE WAS ABLE TO BE RESTARTED AND WAS TAKEN TO THE DEALER FOR DIAGNOSIS. AFTER DIAGNOSIS, THE DEALER ADVISED THE CONTACT THAT THEY WERE UNABLE TO DIAGNOSE THE FAILURE BUT THEY WOULD TRY REPLACING THE WIRING HARNESS IN THE INSTRUMENT PANEL CLUSTER. THE VEHICLE WAS REPAIRED. THE MANUFACTURER WAS CONTACTED AND OFFERED NO ASSITANCE. THE FAILURE MILEAGE WAS APPROXIMATELY 10,249. |
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