Ownership Cost for 2008 Chevrolet Cobalt LT
Estimated: $35945 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1666 | $800 | $700 | $633 | $566 | $4365 |
| Insurance | $1580 | $1635 | $1693 | $1752 | $1813 | $8473 |
| Fuel | $1472 | $1516 | $1569 | $1632 | $1705 | $7894 |
| Maintenance | $2763 | $1581 | $876 | $573 | $2291 | $8084 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $454 | $454 | $454 | $454 | $454 | $673 |
| Total Ownership Costs | $8912 | $6722 | $6201 | $6049 | $8062 | $35945 |
| Model year | COMPONENT | Complaint |
| 2006 | STEERING | 1. BEGINNING AT THE START OF JANUARY, RANDOMLY THE POWER STEERING IN OUR 2006 CHEVROLET COBALT WOULD SIMPLY STOP WORKING WITH NOTIFICATION. 2. THE FAILURE WOULD OCCUR WITHOUT WARNING MULTIPLE TIMES WITHIN A DAY. 3. I HAD TO HAVE THE POWER STEERING PUMP REPLACED WHICH COST ME NEARLY $500. *TR |
| 2008 | STEERING | TL*THE CONTACT OWNS A 2008 CHEVROLET COBALT. WHILE DRIVING APPROXIMATELY 40 MPH ON NORMAL ROAD CONDITIONS THE POWER STEERING LIGHT ILLUMINATED ON THE INSTRUMENT PANEL AND IMMEDIATELY THERE WAS A LOSS OF POWER STEERING. THE DRIVER USED EXTREME FORCE TO TURN THE STEERING WHEEL AND DRIVE ONTO THE EMERGENCY LANE. THE VEHICLE WAS TURNED OFF AND RESTARTED; HOWEVER, THE FAILURE RECURRED. THE VEHICLE WAS DIAGNOSED BY THE DEALER AND AN INDEPENDENT MECHANIC WHO WERE UNABLE TO DUPLICATE THE FAILURE. THE FAILURE MILEAGE WAS 40,000. |
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