2020 Chevrolet Equinox Price

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in Suvs
2020 MODEL
$24,995 - $36,895
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2020 Chevrolet Equinox Features

Updated on: December 8, 2019
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Shivendra Garg

Automotive Content Creator

The 2020 version is powered by either a turbocharged 1.5L Inline 4 or a turbocharged 2L Inline 4. There is also the option for both 2WD as well as 4WD. The 2020 Equinox offers 19” Aluminum Wheels, 8” Touchscreen Infotainment System, HD Rear Vision Camera System, Fog Lamps and Heated Front.

L

Starting at $24,995

Available Engines

  • 170 hp @ 5600 rpm, 1.5 L, Inline 4, regular unleaded

Available drivetrains

  • front wheel drive

Available transmissions

  • 6-speed shiftable automatic
  • Active Noise Cancellation

LS

Starting at $27,495

Available Engines

  • 170 hp @ 5600 rpm, 1.5 L, Inline 4, regular unleaded

Available drivetrains

  • front wheel drive
  • all wheel drive

Available transmissions

  • 6-speed shiftable automatic

Everything on L and:

  • Acoustic Laminated Windshield
  • Compact Spare Tire
  • Keyless Entry Keypad

LT

Starting at $28,695

Available Engines

  • 170 hp @ 5600 rpm, 1.5 L, Inline 4, regular unleaded
  • 252 hp @ 5500 rpm, 2 L, Inline 4, premium unleaded
  • 252 hp @ 5500 rpm, 2 L, Inline 4, premium unleaded (recommended)
  • 137 hp @ 3750 rpm, 1.5 L, Inline 4, Gasoline

Available drivetrains

  • front wheel drive
  • all wheel drive

Available transmissions

  • 6-speed shiftable automatic
  • 9-speed shiftable automatic
  • 6-speed automatic w/OD and auto-manual

Everything on LS and:

  • Body Color Mirrors Caps
  • Bright Lower Window Trim
  • Headlamps - High Intensity Discharge
  • Multi-Color Driver Information Center Display
  • Remote Start
  • Second Row Mechanical Seat Release Levers In Cargo Area

Premier

Starting at $32,595

Available Engines

  • 170 hp @ 5600 rpm, 1.5 L, Inline 4, regular unleaded
  • 252 hp @ 5500 rpm, 2 L, Inline 4, premium unleaded (recommended)

Available drivetrains

  • front wheel drive
  • all wheel drive

Available transmissions

  • 6-speed shiftable automatic
  • 9-speed shiftable automatic

Everything on LT and:

  • Hands Free Power Liftgate
  • Inside Rearview Auto Dimming Mirrors

Equinox is one of the most popular crossovers in the US. Folks in the US are buying SUVs and Crossovers more than ever. Chevrolet has capitalized on this change in trend as Equinox is one of the top-selling crossovers in the last 5 years. Chevy has also announced that it is going to stop the production of most of its sedans and hatches just to focus on SUVs, Crossover and EVs.

Coming back to the Equinox, the 2020 version is powered by either a turbocharged 1.5L Inline 4 or a turbocharged 2L Inline 4. There is also the option for both 2WD as well as 4WD. The 2020 Equinox offers 19” Aluminum Wheels, 8” Touchscreen Infotainment System, HD Rear Vision Camera System, Fog Lamps, Heated Front Passenger Seats and Leather Wrapped Steering, Dual Zone Automatic Climate Control, Lane Change and Side Blind Zone Alert, Hands free Liftgate, Rear Cross Traffic Alert & Remote Start and deep tinted radio glass that set it apart from the competition. 

2020 Chevrolet Equinox Price Analysis


The 2020 Chevrolet Equinox comes in 4 trims in the US. There are also options for 2WD or 4WD for all trims except the base trim. The top two trims also have the option of a 2L turbocharged engine. 

The base L trim comes with 7” Touchscreen Infotainment System, Heated Powered Outside Mirrors, Front and Rear Power Windows, 4 Way manual Adjust Front Bucket Seats, 60/40 Split-Folding Rear Seats, 3.5” Multi-Color DIS, Steering Wheel Mounted Controls and Powered Door Locks.

The LS trim adds Rear Carpeted Floor Mats, 17” Aluminum Wheels and Compass in the Instrument Console.

Trims L LS LT Premier
Price(2WD) $23,800 $26,300 $27,500/$30,795(2L) $31,400/$34,995(2L)
Price(AWD) - $27,900 $29,100/$32,595(2L) $33,000/$36,795(2L)
Features 7” Touchscreen Infotainment System Adds/Upgrades these from “L” Trim Adds/Upgrades these from “LS” Trim Adds/Upgrades these from ‘LT”
  Heated Powered Outside Mirrors 16” Spare Tire Deep Tinted Radio Glass 8” Touchscreen Infotainment System
  Front and Rear Power Windows  Rear Carpeted Floor Mats High-Intensity Discharge Headlamps HD Rear Vision Camera System
  Tire Inflator Kit 17” Aluminum Wheels Sirius XM Radio Fog Lamps
  7” Full Touchscreen Infotainment System with 4G LTE Hotspot   Roof-Mounted Luggage Carrier Provisions Heated Front Passenger Seats and Leather Wrapped Steering
  4 Way manual Adjust Front Bucket Seats   8 Way power adjust driver’s Seat Dual-Zone Automatic Climate Control
  60/40 Split-Folding Rear Seats  Compass in the Instrument Console Rear Seat Release Levers Lane Change and Side Blind Zone Alert
  3.5” Multi-Color DIS   4.2” Multi-Color DIS Liftgate
  Steering Wheel Mounted Controls     Rear Cross-Traffic Alert & Remote Start
  Keyless Open     LED Headlamps and Tail Lamps
  Rear Child Security Door Locks     Inside Rear View Auto Dimming Mirror
  Powered Door Locks     19” Aluminum Wheels

The top of the line Premier trim keeps all of these features and adds 19” Aluminum Wheels, 8” Touchscreen Infotainment System, HD Rear Vision Camera System, Fog Lamps, Heated Front Passenger Seats and Leather Wrapped Steering, Dual Zone Automatic Climate Control, Lane Change and Side Blind Zone Alert, Hands free Liftgate, Rear Cross Traffic Alert & Remote Start, LED Headlamps and Tail Lamps and Inside RearView Auto Dimming Mirror. The LT trim adds Deep Tinted Radio Glass, High-Intensity Discharge Headlamps, Sirius XM Radio, Roof-Mounted Luggage Carrier Provisions, 8-way power adjust driver’s Seat and Rear Seat Release Levers.

Which trim do we recommend?

We suggest you go for the fully loaded Premier trim with the AWD option. You will be treated with a bunch of premium features. If you are one of those folks who use an SUV the way it is supposed to be used, then opt for the optional 2L engine. 

How has the Equinox been priced in the last 5 years?

The prices of the Chevrolet Equinox has steadily grown at an average of around $300 per year since 2016. The S trim of the Equinox was priced at $22,600 in 2016 while in 2020, the price has increased to $23,800, same as its predecessor.

Year

Price of Chevrolet Equinox L (FWD)

2020

$23,800

2019

$23,800

2018

$23,580

2017

$23,100

2016

$22,600

The Equinox has very healthy sales figures in the last 5 years, which is only growing every year. In 2015, Chevy sold 242,242 Equinoxes and the figure rose to 332,618 in 2018. Chevrolet has been very successful in capitalizing on the change in buying trends in the US car market. 

Year

US sales of Chevrolet Equinox

2018

332,618

2017

290,458

2016

242,195

2015

277,589

2014

242,242

The leaders in terms of sales in this segment in terms of sales are Nissan Rogue and Toyota RAV4. The RAV4 was the top-selling crossover in the segment from 2016 up until late 2018 when Nissan Rogue dethroned the RAV4 and have stayed the leader since. Both of these cars sell around 350,000 units every year.

If you have your eyes for a pre-owned Chevrolet Equinox, we suggest you buy one from the 2018 generation. You will get one in 68% of the price of the original price with around 90% of the car's life. Hence, you can drive the car for a long time years before you need to sell it. The design of the 2018 and 2019 Equinox is also very similar. 

What’s the cost of ownership of the Equinox?

The cost of ownership is a major factor while buying a car. It latently adds to the real price of the car over a period of time. While calculating the real cost of ownership, different criterion like a Tax credit, insurance, maintenance, fuel cost, and deprecation are taken into account. The real cost of ownership for the Chevrolet Equinox over a period of 5 years adds up to be $36,438. This amount is considerably higher than most of its rivals such as the Nissan Rogue and Subaru Forester. 

Category

Year 1

Year 2

Year 3

Year 4

Year 5

Total

Tax Credit

$0

$0

$0

$0

$0

$0

Insurance

$803

$831

$860

$890

$921

$4,305

Maintenance

$392

$628

$604

$1,690

$1,720

$5,034

Repairs

$0

$0

$123

$293

$424

$840

Taxes & Fees

$1,281

$93

$93

$93

$93

$1,653

Financing

$1,341

$1,079

$798

$499

$181

$3,898

Depreciation

$8,153

$1,262

$1,195

$1,401

$1,327

$13,338

Fuel

$1,388

$1,430

$1,473

$1,517

$1,562

$7,370

The real cost of ownership

$13,358

$5,323

$5,146

$6,383

$6,228

$36,438

How is the Equinox priced in different states?

Car prices vary from state to state all across the US. The main reasons being the different levels of state taxes as well as the destination charges and dealer discounts. The prices of the 2020 Chevrolet Equinox has an average variation of around $1200 depending on the state.

State

Price of Chevrolet Equinox L

Arizona

$23,796

California

$23,481

Florida

$23,746

Michigan

$24,145

New Jersey

$24,625

From a sample size of 5 states, as you can see in the table, which are Arizona, California, Florida, Michigan, and New Jersey, the 2020 Equinox was the most expensive in New Jersey at $24,625 and the cheapest in California at $23,481.

What are the other cars to consider?

The main competitors of the Chevrolet Equinox are Nissan Rogue, VW Tiguan, and Subaru Forester. All of these cars are powered by an Inline 4 and offers the option for RWD or AWD. 

Models

Chevrolet Equinox

Nissan Rogue

Volkswagen Tiguan

Subaru Forester 

MSRP

$23,800

$25,795

$25,190

$24,420

Engine

1.5L i4 Turbocharged gas

2.5L I4

2.0L I4

2.5L flat4 Regular Unleaded

Transmission

6 Speed automatic

Continuously variable automatic

8 Speed automatic

Continuously variable automatic

Horsepower

170 hp@ 5600rpm

170 hp@ 6000rpm

184 hp@ 4400rpm

182 hp@ 5800 rpm

Torque

203 ft-lbs@ 2000rpm

175 ft-lbs@ 4400rpm

221 ft-lbs@ 1600 rpm

176 ft-lbs@ 4400rpm

The Rogue and Foresters Inline 4 has a displacement of 2.5L while the Tiguans engine has a displacement of 2L. Equinox is the only car in the pack which has a turbocharged engine. The top 2 trims of the Equinox offer 2L engines. When it comes to power, Tiguan churns out 184 horses at 4400rpm while Equinox’s Inline 4 produces 170 horses at 5600 rpm. The top trim of the Forester offers a turbocharged Boxer engine that can produce 250 hp. 

How do they fare against each other?

All the cars offer very similar features. However, there are some features that differentiate them from each other. The 2020 Equinox offers 19” Aluminum Wheels, 8” Touchscreen Infotainment System, HD Rear Vision Camera System, Fog Lamps, Heated Front Passenger Seats and Leather Wrapped Steering, Dual Zone Automatic Climate Control, Lane Change and Side Blind Zone Alert, Hands free Liftgate, Rear Cross Traffic Alert & Remote Start and deep tinted radio glass that set it apart from the competition. 

Models

Chevrolet Equinox

Volkswagen Tiguan

Nissan Rogue

Subaru Forester

Features

4.2” Multi-Color DIS

Power Tilting and Sliding Panoramic Sunroof

Bose Premium Audio System with nine speakers

Sport design front fascia.

 

Deep Tinted Radio Glass

R-Line Front Bumper & Badging

Motion Activated Liftgate

Power driver's seat w/ memory.

One-touch folding rear seat

 

Heat Front Passenger Seats and Leather Wrapped Steering

19” Alloy Wheels

7.0" color touch-screen display

250-hp SUBARU BOXER engine in the Premium trim

 

Lane Change and Side Blind Zone Alert

Volkswagen Digital Cockpit

SiriusXM Traffic and Travel Link

Heated steering wheel.

 

19” Aluminum Wheel

8” Touchscreen Navigation System

Roof rails

SUBARU STARLINK Multimedia

 

Rear Cross-Traffic Alert & Remote Start

Silver Roof Rails

NissanConnectSM with Navigation, Mobile Apps, and Services

 
 

LED Headlamps and Tail Lamps

Heated Windshield Washer Nozzles

 

Rear privacy glass

 
 

Inside RearView Auto Dimming Mirror

VW Car-Net Guide with SiriusXM Travel Link Subscription

Nissan Voice Recognition for navigation and audio

 

Should you buy the Equinox?

the 2020 Equinox is one of the better cars in the segment. It has got a great engine and excellent ride quality. The interiors are spacious and upscale than most of its competitors. Then comes the reliability of Chevrolet as a car manufacturer. The all-American company is one of the most loved and trusted car brands in the world. Hence, you don’t worry about the long-time reliability of the Equinox. Thus, if you want to buy a car that reflects the American way of life, the Equinox is the car for you.