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This paper discusses an analytical technique for computing the failure rate of steel springs used in automotive part applications. Preliminary computations may be performed and used to predict spring failure rates quickly at a very early stage of a product development cycle and to establish program reliability impact before commitment. The analytical method is essentially a combination of various existing procedures that are logically sequenced to compute a spring probability of failure under various operational conditions. Fatigue life of a mechanical component can be computed from its S-N curve. For steels, the S-N curve can be approximated by formulae which describe the fatigue life as a function of its endurance limit and its alternating stress. Most springs in service are preloaded and the actual stress fluctuates about a mean level. In order to compute an equivalent alternating stress with zero mean, an analytical method based on the Goodman Diagram is used.