Chevrolet Equinox Depreciation

A Chevrolet Equinox will depreciate 55% after 5 years and have a 5 year resale value of $14,095.

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, 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 $10,089 68.11% $21,549 13,500 2021
2 $11,652 63.17% $19,986 27,000 2022
3 $12,427 60.72% $19,211 40,500 2023
4 $14,272 54.89% $17,366 54,000 2024
5 $17,543 44.55% $14,095 67,500 2025
6 $19,884 37.15% $11,754 81,000 2026
7 $21,865 30.89% $9,773 94,500 2027
8 $22,545 28.74% $9,093 108,000 2028
9 $23,371 26.13% $8,267 121,500 2029
10 $24,345 23.05% $7,293 135,000 2030
Years Old Depreciation Residual Value Resale Value
1 $10,089 68.11% $21,549
2 $11,652 63.17% $19,986
3 $12,427 60.72% $19,211
4 $14,272 54.89% $17,366
5 $17,543 44.55% $14,095
6 $19,884 37.15% $11,754
7 $21,865 30.89% $9,773
8 $22,545 28.74% $9,093
9 $23,371 26.13% $8,267
10 $24,345 23.05% $7,293

Chevrolet Equinox Depreciation Calculator

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If you purchase a used Chevrolet Equinox that is 2 years old, then you could save $11,652 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 $5,891. 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, 68% of the price as new, with 92% of the vehicle's useful life remaining. The 2018 and 2017 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 $21,211 $283 $10,427 32.96% 68.11% Best
2018 $29,945 $19,289 $372 $1,922 9.06% 63.17% Better
2017 $27,019 $16,912 $507 $2,377 12.32% 60.72% Better
2016 $26,721 $15,261 $595 $1,651 9.76% 54.89%
2015 $27,447 $13,002 $775 $2,259 14.8% 44.55% Good
2014 $28,197 $11,578 $1,103 $1,424 10.95% 37.15% Good
2013 $27,768 $9,836 $1,259 $1,742 15.05% 30.89%
2012 $26,569 $8,999 $1,362 $837 8.51% 28.74%
2011 $25,992 $8,358 $1,567 $641 7.12% 26.13%
2010 $25,636 $7,522 $1,612 $836 10% 23.05%
2009 $27,112 $5,918 $1,859 $1,604 21.32% 14.97%
2008 $25,531 $5,249 $2,209 $669 11.3% 11.91%
Year Price % Paid Value Rank
2020 $31,638 100%
2019 $21,211 68.11% Best
2018 $19,289 63.17% Better
2017 $16,912 60.72% Better
2016 $15,261 54.89%
2015 $13,002 44.55% Good
2014 $11,578 37.15% Good
2013 $9,836 30.89%
2012 $8,999 28.74%
2011 $8,358 26.13%
2010 $7,522 23.05%
2009 $5,918 14.97%
2008 $5,249 11.91%
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 April 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.