Ownership Cost for 2009 Chevrolet Cobalt LT
Estimated: $35321 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1725 | $828 | $724 | $655 | $586 | $4518 |
| Insurance | $1616 | $1673 | $1731 | $1792 | $1855 | $8667 |
| Fuel | $1368 | $1409 | $1459 | $1517 | $1585 | $7338 |
| Maintenance | $2677 | $1509 | $859 | $571 | $2252 | $7868 |
| Repairs | $933 | $1098 | $1251 | $1371 | $1577 | $6230 |
| Taxes & Fees | $471 | $471 | $471 | $471 | $471 | $698 |
| Total Ownership Costs | $8791 | $6571 | $6093 | $5950 | $7916 | $35321 |
| Model year | COMPONENT | Complaint |
| 2005 | STEERING | RE:2005 CHEVY COBALT- POWER STEERING GOES OUT AND REVERTS TO MANUAL STEERING AT RANDOM INTERVALS. THIS IS A SAFETY ISSUE AS STEERING PROBLEM COULD HAPPEN ON AN ICY TURN OR IN HEAVY TRAFFIC ON A FOUR-LANE HIGHWAY,ETC. THERE IS NO ADVANCED WARNING THAT THE STEERING WILL FAIL MAKING IT DIFFICULT TO STEER UNEXPECTEDLY.THE DEALER SUGGESTS A NEW STEERING COLUMN REPLACEMENT AT $800.00 . WE HAVE FOUND TECHNICAL SERVICE BULLETINS (TSB)REGARDING THIS ONGOING PROBLEM WITH THE '05 COBALTS ALTHOUGH NO OFFICIAL RECALL HAS BEEN ANNOUNCED TBS REFERENCE NO 070232007 AND 070235004. DEALER MAINTAINS THERE IS NO RECALL. THIS IS , IN MY OPINION, AN "ACCIDENT WAITING TO HAPPEN". *TR |
| 2009 | STEERING | TL* THE CONTACT OWNS A 2009 CHEVROLET COBALT. THE CONTACT STATED THAT WHILE DRIVING APPROXIMATELY 20 MPH, THE POWER STEERING WARNING LIGHT ILLUMINATED AS THE WARNING CHIME SOUNDED. THE CONTACT STATED THAT THE STEERING WHEEL BECAME DIFFICULT TO MANEUVER. THE CONTACT REFERENCED NHTSA CAMPAIGN NUMBER: 10V073000 (STEERING) BUT WAS ADVISED BY THE MANUFACTURER THAT THE VIN WAS NOT INCLUDED IN THE RECALL. THE VEHICLE WAS NOT REPAIRED. THE APPROXIMATE FAILURE MILEAGE WAS 26,539. |
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