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Is Chevy Aveo a Good Car?

The Chevy Aveo first appeared in 2002 as an inexpensive sub-compact meant to tackle growing American fears of high gas prices. Initially produced by Daewoo, production quickly spread across the globe. Recently, the Chevy Aveo has been totally redesigned and rebranded as the Chevy Sonic. The Chevy Aveo is a good car for its intended purpose…a less expensive car that is reliable, reasonably safe, and that gets higher mpg.

Body Styles and Engines

The most commonly purchased style of the Aveo has been the hatchback, but there are several sedan versions on the market. No matter the body style, as late as 2011, the Aveo came with one engine in the United States, the 1.6L. The engine offered 27 mpg city and 35 on the highway according to 2011 EPA numbers.

Reliability and Safety

Other than a small glitch with transmission issues in some 2006 models, the Aveo has scored well with its buyers for reliability. The National Highway Transportation Safety Administration (NHTSA) pointed to two main safety inadequacies with the Chevy Aveo…side impact and head restraint.

Size and Resale Value

The main drawback to any sub-compact is its size. A larger person will have an uncomfortable ride in such a small car. With the Aveo, anyone taller than 5 ft 8 inches or weighs much more than 250 lbs will feel cramped, but this is typical of any sub-compact vehicle. Also, if you are wanting fuel economy and creature comforts, you are going to have to look for a more expensive model.

One final item to consider before buying any vehicle, new or used, is its resale value. Most vehicles lose up to 40 percent of their value within the first four years after production. This is being written in 2013. A typical 2009 Chevy Aveo with standard options and 60,000 miles (15k per year of age) has lost approximately 37 percent of its retail value.

 

About the author: Jerry Coffey

 

Jerry Coffey is the financial expert here at AutoFoundry.com. A recovered "debtaholic," he now preaches frugal-living and sound money management here and at Repaid.org, where he is the chief contributor. He works for a major automaker.

 

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