Ownership Cost for 2015 Chevrolet Equinox LT
Estimated: $38903 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $3106 | $1491 | $1305 | $1180 | $1056 | $8138 |
| Insurance | $2002 | $2072 | $2145 | $2220 | $2297 | $10736 |
| Fuel | $1444 | $1488 | $1540 | $1601 | $1674 | $7747 |
| Maintenance | $1477 | $1342 | $988 | $1172 | $1700 | $6679 |
| Repairs | $496 | $696 | $785 | $912 | $1076 | $3965 |
| Taxes & Fees | $1106 | $1106 | $1106 | $1106 | $1106 | $1638 |
| Total Ownership Costs | $9631 | $7214 | $6923 | $7189 | $7946 | $38903 |
| Model year | COMPONENT | Complaint |
| 2007 | EQUIPMENT | I HAVE THE 2007 CHEVROLET EQUINOX WHICH BEEN A LEMON SINCE NEW. AMONG THE MANY BREAKDOWNS OVER THE THREE YEARS THE DRIVER SIDE POWER LOCK DOES NOT WORK AND THE MOST GLARING IS THE SUDDEN FAILURE OF THE POWER STEERING ASSIST MOTOR. MY WIFE WAS PUTTING AIR IN THE TIRE AND THE BATTERY FAILED. THE BATTERY NEEDED A SUDDEN RECHARGE. WHY PAY ON A VEHICLE WITH CONSTANT BREAKDOWNS. THE REPAIRS ALONE ON THE POWER STEERING ASSIST MOTOR ARE OVER 700 DOLLARS TO ALSO GET THE STABILITRAK LIGHT OFF. THE RECALL OF THE POWER STEERING ASSIST MOTOR ON THE CHEVROLET COBALT NEEDS TO EXTEND TO THE CHEVROLET EQUINOX AS WELL. NOW WITH NO MONEY TO FIX THE MOTOR, THE DRIVING HAS AND IS AN ADVENTURE WITH NO POWER STEERING. EVEN IF I COULD FIX THE VEHICLE MYSELF, THE PART IS VIRTUALLY UNAVAILABLE. |
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