Ownership Cost for 2001 GMC Sierra 1500 SL
Estimated: $41276 over the next 5 years
| Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total | |
|---|---|---|---|---|---|---|
| Depreciation | $1950 | $936 | $819 | $741 | $663 | $5109 |
| Insurance | $1451 | $1502 | $1554 | $1609 | $1665 | $7781 |
| Fuel | $2167 | $2232 | $2310 | $2402 | $2510 | $11621 |
| Maintenance | $2763 | $2280 | $1154 | $1013 | $2291 | $9501 |
| Repairs | $977 | $1138 | $1298 | $1417 | $1627 | $6457 |
| Taxes & Fees | $545 | $545 | $545 | $545 | $545 | $807 |
| Total Ownership Costs | $9853 | $8149 | $7214 | $7233 | $8827 | $41276 |
| Model year | COMPONENT | Complaint |
| 1998 | FUEL SYSTEM, OTHER | GAS GAUGE ACTED ERRATICALLY. WARMING UP VEHICLE WHILE SITTING IN IDLING POSITION FOR ABOUT 10 MINUTES AND ALL OF SUDDEN HEARD A LOUD NOISE. VEHICLE STOPPED RUNNING, SMOKE WAS COMING OUT FROM AROUND THE FUEL TANK. CONTACTED DEALER. STILL UNDER WARRANTY, WAS TOLD THAT THE WIRING HARNESS THAT IS ATTACHED TO THE FUEL TANK HAD A SHORT, IT WAS MELTED. *AK *ML |
| 2001 | PARKING BRAKE | THE EMERGENCY BRAKES ON MY TRUCK HAVE ONLY BEEN ACTUALLY USED 4-5 TIMES. THEY DO NOT HOLD AND I'M TOLD WILL NOT PASS MY ANNUAL SAFETY INSPECTION. I HAVE BEEN TOLD BY SEVERAL MECHANICS ( AND CONFIDENTIALLY BY A SERVICE REP AT A DEALER) THAT THE DESIGN OF THE GMC AND CHEVROLET EMERGENCY BRAKE SYSTEM IS POORLY DESIGNED AND WHETHER ENGAGED OR NOT , THE BRAKESHOES ARE CONTINOUSLY IN CONTACT W/THE DRUMS, CAUSING THEM TO WEAR OUT VERY QUICKLY - BECOMING COMPLETELY USELESS AND VERY EXPENSIVE TO REPARE AND REPLACE - NOT TO MENTION VERY DANGEROUS. |
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