Ownership Cost for 2007 Chevrolet Cobalt LT
Estimated: $34605 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1469 | $705 | $617 | $558 | $499 | $3848 |
| Insurance | $1531 | $1584 | $1640 | $1697 | $1756 | $8208 |
| Fuel | $1393 | $1435 | $1485 | $1544 | $1614 | $7471 |
| Maintenance | $2763 | $1601 | $858 | $503 | $2291 | $8016 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $408 | $408 | $408 | $408 | $408 | $604 |
| Total Ownership Costs | $8540 | $6510 | $5957 | $5758 | $7841 | $34605 |
| Model year | COMPONENT | Complaint |
| 2005 | STEERING | TL*THE CONTACT OWNS A 2005 CHEVROLET COBALT. WHILE DRIVING BETWEEN 25-30 MPH, THE POWER STEERING WARNING INDICATOR ILLUMINATED ON THE INSTRUMENT PANEL. IMMEDIATELY, A CHIME SOUNDED INSIDE THE VEHICLE. THERE WAS A LOSS OF POWER STEERING AND THE STEERING COLUMN LOCKED. THE DRIVER EXPERIENCED EXTREME DIFFICULTY STEERING THE VEHICLE, WHICH RESULTED IN GREATER EFFORT TO TURN THE STEERING WHEEL. THE WARNING INDICATOR REMAINED ILLUMINATED UNTIL THE ENGINE WAS TURNED OFF. THE CONTACT PULLED THE VEHICLE OVER INTO A PARKING LOT AND THEN TURNED OFF AND RESTARTED THE ENGINE. THE VEHICLE RESTARTED AND RESUMED NORMAL OPERATION. THE FAILURE RECURRED ON A SEPARATE OCCASION. THE VEHICLE HAS NOT BEEN REPAIRED. THE VIN WAS UNKNOWN. THE FAILURE AND CURRENT MILEAGES WERE 50,000. |
| 2007 | STEERING | TL* THE CONTACT OWNS 2007 CHEVROLET COBALT. THE CONTACT STATED THAT THE VEHICLE WAS TAKEN TO THE DEALER FOR NHTSA RECALL CAMPAIGN ID NUMBER: 10V073000 (STEERING: ELECTRIC POWER ASSIST SYSTEM) FOR THE POWER STEERING. THE CONTACT STATED THAT THE REMEDY FAILED TO REPAIR THE PROBLEM AND AS A RESULT, THE GAUGES STOPPED WORKING. THE VEHICLE WAS TAKEN BACK TO THE DEALER WHO DECIDED TO HAVE THE CIRCUIT CLEARED, BUT THAT THE FAILURE STILL OCCURRED. THE CONTACT STATED THAT THE AIR CONDITIONING FAILED AS WELL. THE FAILURE MILEAGE WAS UNKNOWN AND THE CURRENT MILEAGE WAS 66,690. |
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