Chevrolet Equinox Depreciation

A Chevrolet Equinox will depreciate 51% after 5 years and have a 5 year resale value of $17,370.

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. It also assumes a selling price of $35,162 when new. Enter your purchase price, expected ownership period and estimated miles driven annually. Our depreciation calculator will predict an expected resale value for the Chevrolet Equinox.

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Chevrolet Equinox Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles
This calculator is for illustrative and educational purposes only. Its accuracy and applicability to your circumstances is not guaranteed. You may wish to consult your own adviser regarding your particular circumstances.
0%10%20%30%40%50%60%70%80%90%100%012345678910Chevrolet Equinox Depreciation(Age of Vehicle in Years)

Chevrolet Equinox Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $9,132 74.03% $26,030 13,500 2025
2 $11,400 67.58% $23,762 27,000 2026
3 $12,208 65.28% $22,954 40,500 2027
4 $14,610 58.45% $20,552 54,000 2028
5 $17,792 49.40% $17,370 67,500 2029
6 $19,314 45.07% $15,848 81,000 2030
7 $20,935 40.46% $14,227 94,500 2031
8 $22,310 36.55% $12,852 108,000 2032
9 $22,634 35.63% $12,528 121,500 2033
10 $23,573 32.96% $11,589 135,000 2034

Chevrolet Equinox Depreciation

Years Old Depreciation Residual Value Resale Value
1 $9,132 74.03% $26,030
2 $11,400 67.58% $23,762
3 $12,208 65.28% $22,954
4 $14,610 58.45% $20,552
5 $17,792 49.40% $17,370
6 $19,314 45.07% $15,848
7 $20,935 40.46% $14,227
8 $22,310 36.55% $12,852
9 $22,634 35.63% $12,528
10 $23,573 32.96% $11,589

Buying a Chevrolet Equinox New vs Used

If you purchase a used Chevrolet Equinox that is 2 years old, then you could save $11,400 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 $6,392. 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.

What About Chevrolet Equinox Insurance Costs?

The average cost to insure a Chevrolet Equinox is about $2,111 per year. This adds up to around $10,555 after 5 years of vehicle ownership. Unlike depreciation, this expense can often be lowered by shopping around for lower insurance premiums. Comparing quotes will ensure that you are not overpaying if you already own a Chevrolet Equinox. Or, if you are just researching, then it would be money-wise to know this cost before buying. Try our Competitive Quote Tool or the form below to get free quotes. Advertising Disclosure

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The Best Model Years to Buy a Chevrolet Equinox

The 2024 Chevrolet Equinox is our top pick for the best model year value for the Equinox. With the 2024, you would only pay, on average, 74% of the price as new, with 92% of the vehicle's useful life remaining. The 2023 and 2022 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.

0%10%20%30%40%50%60%70%80%90%100%2019202020212022202320242025Chevrolet Equinox Depreciation CurveBest ValueBetter ValueBetter Value202420232022

Chevrolet Equinox Historical Depreciation

Year New Price Current Price Maintenance $ Decline % Decline % Paid Value Rating
2025 $35,162 $35,162 $370 $0 0% 100%
2024 $32,982 $24,416 $429 $10,746 30.56% 74.03% Best
2023 $32,770 $22,146 $544 $2,270 9.3% 67.58% Better
2022 $32,520 $21,229 $696 $917 4.14% 65.28% Better
2021 $31,927 $18,662 $841 $2,567 12.09% 58.45% Good
2020 $33,921 $16,757 $1,104 $1,905 10.21% 49.4% Good
2019 $34,216 $15,420 $1,223 $1,337 7.98% 45.07%
Year Price % Paid Value Rank
2025 $35,162 100%
2024 $24,416 74.03% Best
2023 $22,146 67.58% Better
2022 $21,229 65.28% Better
2021 $18,662 58.45% Good
2020 $16,757 49.4% Good
2019 $15,420 45.07%

Chevrolet Equinox Depreciation Rankings


We've ranked over 300 models from best to worst for Depreciation. See where the Chevrolet Equinox ranks for Depreciation compared to other vehicles. Also check out how the Equinox stacks up in our rankings for Maintenance, Insurance and Overall Costs.

Other Chevrolet Equinox Costs of Ownership

Finding a car or truck that saves on depreciation costs is important. But, it's also imperative to view all major Chevrolet Equinox costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

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