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Hi, I'm pretty car illiterate and I was hoping some of you might have a better idea of how much I could get out of my car or if I should consider just putting the money towards fixing it into getting a new car. By new I don't mean brand new, it would be a used car but something I could get a lot out of.

My car is a 2010 Chevrolet Cobalt with just over 132,000 miles on it. It will be completely paid off in 2 months from now.

As to problems, the check engine light has been on for like 2 years but everytime I get it checked it's knock sensor issues with the computer, I put $400 into it a few months back and they didn't fix anything, which was frustrating. The oil light has been on for about 2 months and I changed the oil last week, still hasn't gone away. The battery light came on just yesterday so I need to fix that. I'm going to get it looked at tomorrow because I finally have a day off and need to get all of this fixed.

I'm just wanting to know if it would be a wiser long-term investment to look for a new car with less mileage or if I can get another 100,000+ miles out of my current car and just pay for the maintenance repairs? The car runs fine, just trying to get an idea. Thanks!
 

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Apparently well taken care of they go forever! Not my car here as I just hit 46k, this is from forum member "terry06" post in "how many miles you guys at?"

 

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The oil light has been on for about 2 months and I changed the oil last week, still hasn't gone away.
Did you reset the oil timer?

With the info button scroll down to oil life.

Press simultaneously the info and return button for 3 seconds until reset acknowledge then press return only.
 
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