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 | STEERING | TL*THE CONTACT OWNS A 2005 CHEVROLET COBALT. WHILE DRIVING APPROXIMATELY 30 MPH, THE POWER STEERING WARNING INDICATOR ILLUMINATED ON THE INSTRUMENT PANEL. IMMEDIATELY, THE POWER STEERING FAILED. THE WARNING INDICATOR ILLUMINATED INTERMITTENTLY. THE DRIVER HAD TO EXERT GREATER EFFORT TO TURN THE STEERING WHEEL. THE VEHICLE ONLY STEERED IN ONE DIRECTION. THE VEHICLE WAS PULLED OVER INTO A PARKING LOT AND THE ENGINE TURNED OFF. THE VEHICLE WAS IN THE PROCESS OF BEING REPAIRED. THE FAILURE AND CURRENT MILEAGES WERE 63,000. UPDATED 09/18/09. *LJ UPDATED 09/21/09.*JB |
| 2007 | STEERING | 2007 CHEVY COBALT, POWER STEERING GOES OUT, BEEN GOING ON FOR SOME TIME. WAS GOING TO GET REPAIRS, BUT I'M FINDING OUT BY RESEARCH I CAN'T AFFORD THIS. IT'S A PAIN WHEN TRYING TO PARK. WORKS FINE AT START UP, BUT WHILE DRIVING IT WILL GO OUT. TENDS TO HAPPEN MORE OFTEN WHEN IT'S WARMER OUTSIDE AND I HAVE TO USE THE A/C. LESS OFTEN WHEN IT'S COLD AND I USE THE HEATER. I'VE ALSO NOTICED THAT I'VE BEEN SMELLING FUEL SINCE THIS STARTED, MAY BE UNRELATED. I HAVE IT BEING LOOKED AT LATER. BUT IF IT COSTS MORE THAN 500 TO REPAIR I WON'T BE ABLE TO DO ANYTHING BUT DRIVE AN UNSAFE CAR. *TR |
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