Ownership Cost for 2007 Chevrolet Cobalt LT
Estimated: $32765 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1041 | $500 | $437 | $396 | $354 | $2728 |
| Insurance | $1492 | $1544 | $1598 | $1654 | $1712 | $8000 |
| Fuel | $1393 | $1435 | $1485 | $1544 | $1614 | $7471 |
| Maintenance | $2763 | $1472 | $772 | $313 | $2291 | $7611 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $337 | $337 | $337 | $337 | $337 | $499 |
| Total Ownership Costs | $8003 | $6127 | $5638 | $5355 | $7641 | $32765 |
| Model year | COMPONENT | Complaint |
| 2005 | ELECTRICAL SYSTEM:IGNITION | TL*THE CONTACT OWNS A 2005 CHEVROLET COBALT. WHEN THE CONTACT ATTEMPTED TO START THE VEHICLE, THE KEY BECAME STUCK INSIDE OF THE IGNITION. THE DEALER ADVISED THE CONTACT THAT THE KEY CYLINDER NEEDED TO BE REPLACED. THERE WERE NO PRIOR WARNINGS AND THE CURRENT AND FAILURE MILEAGES WERE 47000. |
| 2007 | STEERING | TL*THE CONTACT OWNS A 2007 CHEVROLET COBALT. WHILE DRIVING APPROXIMATELY 40 MPH THE POWER STEERING LIGHT ILLUMINATED ON THE INSTRUMENT PANEL AND THE STEERING WHEEL BECAME VERY STIFF. THE VEHICLE WAS DRIVEN ONTO THE EMERGENCY LAND AND WHEN IT WAS RESTARTED IT BEGAN TO FUNCTION NORMALLY AND WITHIN A FEW MINUTES, THE FAILURE RECURRED. THE FAILURE CONTINUED TO RECUR UNTIL THE CONTACT REACHED HIS DESTINATION. THE VEHICLE WAS NOT EXAMINED TO DETERMINE THE CAUSE OF THE FAILURE. THE FAILURE AND CURRENT MILEAGES WERE 50,000. |
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