Ownership Cost for 2008 Chevrolet Cobalt LS
Estimated: $35391 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1550 | $744 | $651 | $589 | $527 | $4061 |
| Insurance | $1567 | $1622 | $1679 | $1737 | $1798 | $8403 |
| Fuel | $1472 | $1516 | $1569 | $1632 | $1705 | $7894 |
| Maintenance | $2763 | $1538 | $846 | $509 | $2291 | $7947 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $426 | $426 | $426 | $426 | $426 | $631 |
| Total Ownership Costs | $8754 | $6606 | $6104 | $5923 | $8003 | $35391 |
| Model year | COMPONENT | Complaint |
| 2005 | STEERING | TL*THE CONTACT OWNS A 2005 CHEVROLET COBALT. WHILE THE CONTACT WAS DRIVING APPROXIMATELY 50 MPH THE STEERING WHEEL LOCKED WITHOUT WARNING. THE VEHICLE STOPPED IN THE MIDDLE OF THE ROAD. THE POWER STEERING WARNING LIGHT ILLUMINATED. THE VEHICLE WAS TOWED TO THE RESIDENCE, AND THEN TO THE DEALER. THE TECHNICIAN REPLACED THE STEERING COLUMN AND THE BUSHINGS AT THE COST OF $1322. A RECALL NOTIFICATION WAS RECEIVED AFTER THE SERVICE REPAIR. THE DEFECT WAS RELATED TO THE RECALL UNDER NHTSA CAMPAIGN ID NUMBER 10V073000 (COMPONENT: STEERING: ELECTRIC POWER ASSIST THE MANUFACTURER REFUSED TO REIMBURSE FOR THE PRIOR REPAIR RELATED TO THE RECALL. THE FAILURE MILEAGE WAS 77,909. |
| 2008 | ELECTRONIC STABILITY CONTROL | AT RANDOM THE VEHICLE WILL SUDDENLY EXHIBIT ESC FAILURE, TRACTION CONTROL FAILURE, AND SEVERAL OTHER TROUBLE CODES WHILE SIMULTANEOUSLY LOSING ALL GAUGE FUNCTION AND POWER STEERING. THE ERROR WILL CONTINUE TO ESCALATE CAUSING A MALFUNCTION IN THE ELECTRONIC STABILITY CONTROL MECHANISM CAUSING GRINDING WHILE TURNING. THE ERROR OFTEN SUBSIDES AFTER SHUTTING THE IGNITION OFF FOR SEVERAL MINUTES. *TR |
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