Ownership Cost for 2006 Chevrolet Cobalt LS
Estimated: $33735 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1270 | $609 | $533 | $483 | $432 | $3327 |
| Insurance | $1485 | $1537 | $1590 | $1646 | $1704 | $7962 |
| Fuel | $1393 | $1435 | $1485 | $1544 | $1614 | $7471 |
| Maintenance | $2763 | $1625 | $845 | $446 | $2291 | $7970 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $371 | $371 | $371 | $371 | $371 | $549 |
| Total Ownership Costs | $8258 | $6386 | $5805 | $5570 | $7715 | $33735 |
| Model year | COMPONENT | Complaint |
| 2005 | STEERING | TL*THE CONTACT OWNS A 2005 CHEVROLET COBALT. THE CONTACT WAS DRIVING APPROXIMATELY 35 MPH ON NORMAL ROAD CONDITIONS; PROCEEDING TO MAKE A RIGHT TURN WHEN THE "POWER STEERING" WARNING LIGHT INDICATOR ILLUMINATED ON THE INSTRUMENT PANEL. THE STEERING WHEEL LOCKED, BEGIN PULLING IN ONE DIRECTION, AND IT BECAME DIFFICULT TO CONTROL THE STEERING WHEEL. IMMEDIATELY, THE ENGINE WAS TURNED OFF AND RESTARTED. THE CONTACT WAS ABLE TO CONTINUE DRIVING NORMALLY. THE WARNING INDICATOR REMAINED ILLUMINATED UNTIL THE ENGINE WAS TURNED OFF. THE FAILURE CONTINUED TO OCCUR WHENEVER THE VEHICLE WAS IN OPERATION. THE VEHICLE IS IN THE PROCESS OF BEING INSPECTED BY AN AUTHORIZED DEALER. THE CONTACT HAD CONCERNS OF THE SAFETY RISK INVOLVED. THE FAILURE AND CURRENT MILEAGES WERE 47,950. |
| 2006 | POWER TRAIN | WHILE DRIVING OUR 2006 CHEVROLET COBALT A LOSS OF STEERING CONTROL HAS OCCURRED OVER 3 TIMES WHICH INCLUDES ERRATIC TRANSMISSION AND GEARSHIFT NOISES. IF THIS HAD OCCURRED ON THE HIGHWAY IN ANY OF THESE OCCURRENCES A CRASH WOULD HAVE RESULTED. AFTER CONDUCTING AN ONLINE INVESTIGATION THERE ARE THOUSANDS OF OWNERS OF COBALTS WHICH HAVE THE SAME PROBLEM WITH THE ELECTRONIC STEERING AND OTHER ELECTRICAL PROBLEMS WITHIN THE STEERING COLUMN. NOTHING HAS BEEN DONE TO CORRECT THE PROBLEM DUE TO THE DEALER WANTING TO CHARGE $2K. IT IS CLEARLY A MANUFACTURING DEFECT WITH MOST DEALERS STATING IT IS. *TR |
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