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 |
| 2010 | STEERING | ON 3/5/10 AT ABOUT 4PM I WAS TRAVELING EAST BOUND ON ROUTE 280 NEAR NEWARK EXIT. I WAS IN THE FAST LANE OF A 3 LANE HIGHWAY. THE MIDDLE LANE WAS EMPTY SO I PULLED INTO MIDDLE LANE. A RED PICK UP TRUCK IN THE FAR RIGHT LANE (SLOW LANE) PULLED INTO THE MIDDLE LANE. I ASSUME I MAY HAVE BEEN IN HIS BLIND SPOT. I HAD TO PULL BACK INTO THE LEFT LANE. CAR LOCKED UP & I COULD NOT STOP IT FROM GOING LEFT. I HIT THE CEMENT BARRIER ALONG SHOULDER. THE WITNESSES ALL TOLD ME THEY COULD NOT UNDERSTAND WHY MY CAR DID NOT STOP. ITJUST SEEMED TO KEEP GOING LEFT FOR NO REASON. I'VE HEARD THROUGH THE NEWS THAT CHEVY IS ISSUING RECALLS FOR FAILED POWER STEERING IN COBALT 2010. I'VE HAD THIS CAR 6 WEEKS AND NOW ITS TOTALED. I COULD NOT PULL IT OUT OF GOING LEFT & IT SEEMS SINCE IT WAS 50 DEGREES THAT THIS WAS A STEERING FAILURE. I WAS TREATED AT THE SCENE FOR ABRASIONS & SWELLING TO THE FACE & ARM. MY NECK & BACK ARE SORE. I GOT A BLACK EYE FROM AIR BAG. NJ STATE TROOPER WROTE A REPORT. *TR |
| 2008 | STEERING | TL*THE CONTACT OWNS A 2008 CHEVROLET COBALT. WHILE DRIVING 55 MPH IT BECAME DIFFICULT TO CONTROL THE STEERING WHEEL WHEN MAKING A RIGHT TURN. THE VEHICLE WAS TRAVELING 55 MPH AT THE TIME OF THE FAILURE. THE VEHICLE LOST POWER STEERING WHENEVER HE MADE A LEFT OR RIGHT TURN. WHEN THE POWER STEERING LIGHT ILLUMINATED ON THE DASHBOARD THE CONTACT HAD TO TURN THE VEHICLE OFF AND ON SO THAT IT WOULD RESET AND FUNCTION PROPERLY. THE FAILURE MILEAGE WAS 50,000. THE CURRENT MILEAGE WAS 68,000. |
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