Ownership Cost for 2016 Chevrolet Equinox LT
Estimated: $38113 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $3205 | $1538 | $1346 | $1218 | $1090 | $8397 |
| Insurance | $2061 | $2133 | $2207 | $2285 | $2364 | $11050 |
| Fuel | $1444 | $1488 | $1540 | $1601 | $1674 | $7747 |
| Maintenance | $1112 | $1202 | $950 | $1175 | $1531 | $5970 |
| Repairs | $357 | $568 | $636 | $766 | $917 | $3244 |
| Taxes & Fees | $1153 | $1153 | $1153 | $1153 | $1153 | $1707 |
| Total Ownership Costs | $9331 | $7059 | $6847 | $7152 | $7725 | $38113 |
| Model year | COMPONENT | Complaint |
| 2007 | ELECTRONIC STABILITY CONTROL | WE HAVE A 2007 EQUINOX THAT THE POWER STEERING QUIT WORKING. PRIOR TO THE POWER STEERING GOING OUT, THE SERVICE STABILITRAK LIGHT WOULD COME ON AT RANDOM TIMES FOR NO APPARENT REASON. I CONTACTED A DEALERSHIP AND THEY TOLD ME IT WAS POSSIBLE THAT THERE COULD BE CORROSION ON THE CONNECTORS FOR THE SENSORS FOR THE STABILITRAK. WHEN THE POWER STEERING QUIT WORKING, I DID SOME RESEARCH AND FOUND THAT OTHERS WERE HAVING SIMILAR ISSUES, SO I CONTACTED GM WHO WANTED ME TO HAVE THE VEHICLE DIAGNOSED TO SEE IF THERE WAS ANYTHING THEY COULD DO. THE DIAGNOSIS WAS THE POWER STEERING CONTROL MODULE. AFTER A WEEK AND A HALF OF TALKING TO GM THEY SAID, DUE TO THE AGE AND MILEAGE ON THE VEHICLE THERE WAS NOTHING THEY COULD DO. DUE TO THE NUMBER OF CUSTOMER COMPLAINTS, WE THEN ASKED THEM HAVE THEY DONE ANYTHING TO FIX THE PROBLEM WITH THE CONTROL MODULE. THEY COULDN'T GIVE US AN ANSWER. WE AREN'T GOING TO CONTINUE TO PAY FOR CONTROL MODULES BECAUSE THEY CAN'T FIX THE ISSUE. THANK GOD MY 7 MONTH OLD CHILD WAS NOT IN THE VEHICLE WITH ME AT THE TIME OF THE FAILURE. *JS |
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