Chevrolet Equinox Depreciation

A Chevrolet Equinox will depreciate 55% after 5 years and have a 5 year resale value of $14,174.

The chart below shows the expected depreciation for the next 10 years. These results are for vehicles in good condition, averaging 13,500 miles per year, and assumes a purchase price of $31,638 when new. Key in your purchase price, expected ownership period and estimated annual miles driven into our depreciation calculator, and we'll predict an expected resale value just for you.

Chevrolet Equinox Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,776 72.26% $22,862 13,500 2021
2 $11,368 64.07% $20,270 27,000 2022
3 $11,757 62.84% $19,881 40,500 2023
4 $14,370 54.58% $17,268 54,000 2024
5 $17,464 44.80% $14,174 67,500 2025
6 $20,005 36.77% $11,633 81,000 2026
7 $21,558 31.86% $10,080 94,500 2027
8 $22,324 29.44% $9,314 108,000 2028
9 $23,244 26.53% $8,394 121,500 2029
10 $24,051 23.98% $7,587 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $8,776 72.26% $22,862
2 $11,368 64.07% $20,270
3 $11,757 62.84% $19,881
4 $14,370 54.58% $17,268
5 $17,464 44.80% $14,174
6 $20,005 36.77% $11,633
7 $21,558 31.86% $10,080
8 $22,324 29.44% $9,314
9 $23,244 26.53% $8,394
10 $24,051 23.98% $7,587

Chevrolet Equinox Depreciation Calculator

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If you purchase a used Chevrolet Equinox that is 2 years old, then you could save $11,368 compared to buying new, and still have a relatively new model with plenty of useful life remaining. If you plan to keep this vehicle for 3 years then your total cost of depreciation would be $6,096. Try other age and ownership length combinations, or different vehicles to see if you can find depreciation sweetspots where this cost is the lowest. Hint: Try vehicles between 2 and 4 years old, as brand new vehicles depreciate quickly. Also, if this is a recently released model and buying a few years old isn't possible, consider another vehicle, or perhaps wait until more used Equinox models become available.

The Best Model Years to Buy a Chevrolet Equinox

The 2019 Chevrolet Equinox is our top pick for the best model year value for the Equinox. With the 2019, you would only pay, on average, 72% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2015 model years are also attractive years for the Equinox, and provide a relatively good value. Our rankings consider multiple factors, including the Equinox's price as new, current price, maintenance costs and remaining years of overall predictabe expenses. Our top ranked model year represents the most car for the money of the Chevrolet Equinox models.

Chevrolet Equinox Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2020 $31,638 $31,638 $236 $0 0% 100%
2019 $30,725 $22,485 $283 $9,153 28.93% 72.26% Best
2018 $29,945 $19,559 $372 $2,926 13.01% 64.07% Better
2017 $27,019 $17,486 $507 $2,073 10.6% 62.84% Good
2016 $26,721 $15,179 $595 $2,307 13.19% 54.58%
2015 $27,447 $13,072 $775 $2,107 13.88% 44.8% Better
2014 $28,197 $11,472 $1,103 $1,600 12.24% 36.77% Good
2013 $27,768 $10,107 $1,259 $1,365 11.9% 31.86%
2012 $26,569 $9,185 $1,362 $922 9.12% 29.44%
2011 $25,992 $8,462 $1,567 $723 7.87% 26.53%
2010 $25,636 $7,760 $1,612 $702 8.3% 23.98%
2009 $27,112 $6,237 $1,859 $1,523 19.63% 16.15%
2008 $25,531 $5,871 $2,209 $366 5.87% 14.34%
Year Price % Paid Value Rank
2020 $31,638 100%
2019 $22,485 72.26% Best
2018 $19,559 64.07% Better
2017 $17,486 62.84% Good
2016 $15,179 54.58%
2015 $13,072 44.8% Better
2014 $11,472 36.77% Good
2013 $10,107 31.86%
2012 $9,185 29.44%
2011 $8,462 26.53%
2010 $7,760 23.98%
2009 $6,237 16.15%
2008 $5,871 14.34%
Our Favorite Chevrolet Equinox Photo

About Our Data and "Useful Lifespan"

We aggregate and analyze millions of automotive data points from a variety of sources, including some of the industry's leading data providers. The historical depreciation tables, charts, values and overall rankings are conducted on a semi-annual basis, with our most recent update published in September 2020.

While the "Useful Lifespan" of a vehicle will vary greatly from one model to the next, and even one owner to the next, we have determined that twelve years is the most appropriate timeframe which will yield us good, usable data - and that any data beyond that timeframe becomes more dispersed, and ultimately less reliable. Moreover, maintenance costs beyond that timeframe become significantly more varied, as a vehicle owner's care of a particular vehicle will greatly impact its value, and ongoing maintenance costs. We are very much hopeful, however, that your car or truck will last well beyond twelve years, and that it gets you to where you want to go.

If you would like to know more about our data and process, check out our FAQ here.