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 |
| 2006 | STEERING | POWER STEERING ON MY 2006 CHEVY COBALT WENT OUT. *TR |
| 2007 | STEERING | 2007 CHEVROLET COBALT LT HAS POWER STEERING PROBLEMS. MANY OTHER OWNERS HAVE SAME PROBLEMS WITH THE POWER STEERING. I HAVE HAD THE CAR IN THE SHOP AT THE DEALER AND THEY FOUND A LOWER CONTROL ARM BUSHING BAD AND REPLACED THE BUSHING HOWEVER IT DID NOT FIX THE POWER STEERING PROBLEM. THE STEERING IS LOOSE AND FEELS LIKE PART OF THE STEERING MAY BREAK AT ANY TIME WHILE DRIVING THE CAR. THE RACK AND PINION THAT IS ELECTRIC POWER STEERING SYSTEM IS AT FAULT AND HUNDREDS OR THOUSANDS OF OWNERS OF THESE CARS ARE HAVING DANGEROUS STEERING PROBLEMS. PLEASE HELP GM UNDERSTAND THAT PEOPLES LIVES ARE ON THE LINE THAT DRIVE THESE CARS. I FEEL GM SHOULD HAVE A RECALL TO SAVE LIVES AND TAKE CARE OF THIS DANGEROUS PROBLEM WITH THE CHEVROLET COBALT. THANK YOU *TR |
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