Ownership Cost for 2007 Chevrolet Cobalt LS
Estimated: $34469 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1439 | $691 | $604 | $547 | $489 | $3770 |
| Insurance | $1528 | $1581 | $1636 | $1694 | $1753 | $8192 |
| Fuel | $1393 | $1435 | $1485 | $1544 | $1614 | $7471 |
| Maintenance | $2763 | $1591 | $852 | $488 | $2291 | $7985 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $402 | $402 | $402 | $402 | $402 | $595 |
| Total Ownership Costs | $8501 | $6481 | $5933 | $5727 | $7826 | $34469 |
| Model year | COMPONENT | Complaint |
| 2006 | STEERING | POWER STEERING KEEPS GOING OUT AFTER 5 MINUTES OF DRIVING, MAKES CAR HARD TO STEER AND CONTROL. *TR |
| 2007 | STEERING:ELECTRIC POWER ASSIST SYSTEM | TL*THE CONTACT OWNS A 2007 CHEVROLET COBALT. WHILE DRIVING APPROXIMATELY 50 MPH, THE STEERING WHEEL LOCKED AND THE POWER STEERING LIGHT ILLUMINATED. THE CONTACT WAS ABLE TO MERGE ONTO THE EMERGENCY LANE AND TURN THE VEHICLE OFF. WHEN SHE LOOKED UNDER THE HOOD THERE WERE NO VISIBLE DEFECTS AND SHE WAS ABLE TO CONTINUE DRIVING NORMALLY. AFTER DRIVING THREE MILES, THE POWER STEERING LIGHT CONTINUED TO ILLUMINATE INTERMITTENTLY. THE CONTACT WAS ABLE TO DRIVE THE VEHICLE HOME. THE VEHICLE HAD NOT BEEN TAKEN TO AN AUTHORIZED DEALER. SHE CALLED THE DEALER AND WAS INFORMED THAT THERE WAS A FEE IN ORDER TO PERFORM A DIAGNOSTIC TEST. THE CONTACT REFERENCED RECALL 10V073000 (10V073000 STEERING: ELECTRIC POWER ASSIST SYSTEM) SINCE IT WAS RELATED TO THE FAILURE. THE CURRENT AND FAILURE MILEAGES WERE APPROXIMATELY 67,000. |
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