Chevrolet Equinox Depreciation

A Chevrolet Equinox will depreciate 55% after 5 years and have a 5 year resale value of $14,101.

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 $31,638 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.

Chevrolet Equinox Depreciation

Years Old Depreciation Residual Value Resale Value Mileage Resale Year
1 $8,840 72.06% $22,798 13,500 2021
2 $11,434 63.86% $20,204 27,000 2022
3 $11,829 62.61% $19,809 40,500 2023
4 $14,446 54.34% $17,192 54,000 2024
5 $17,537 44.57% $14,101 67,500 2025
6 $20,074 36.55% $11,564 81,000 2026
7 $21,628 31.64% $10,010 94,500 2027
8 $22,397 29.21% $9,241 108,000 2028
9 $23,324 26.28% $8,314 121,500 2029
10 $24,130 23.73% $7,508 135,000 2030

Chevrolet Equinox Depreciation

Years Old Depreciation Residual Value Resale Value
1 $8,840 72.06% $22,798
2 $11,434 63.86% $20,204
3 $11,829 62.61% $19,809
4 $14,446 54.34% $17,192
5 $17,537 44.57% $14,101
6 $20,074 36.55% $11,564
7 $21,628 31.64% $10,010
8 $22,397 29.21% $9,241
9 $23,324 26.28% $8,314
10 $24,130 23.73% $7,508

Chevrolet Equinox Depreciation Calculator

Current Vehicle Age
Current Price
Own it For
Annual Miles

If you purchase a used Chevrolet Equinox that is 2 years old, then you could save $11,434 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 $6,103. 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 $299 $0 0% 100%
2019 $30,725 $22,485 $346 $9,153 28.93% 72.06% Best
2018 $29,945 $19,559 $435 $2,926 13.01% 63.86% Better
2017 $27,019 $17,486 $570 $2,073 10.6% 62.61% Good
2016 $26,721 $15,179 $659 $2,307 13.19% 54.34%
2015 $27,447 $13,072 $838 $2,107 13.88% 44.57% Better
2014 $28,197 $11,472 $1,167 $1,600 12.24% 36.55% Good
2013 $27,768 $10,107 $1,322 $1,365 11.9% 31.64%
2012 $26,569 $9,185 $1,425 $922 9.12% 29.21%
2011 $25,992 $8,462 $1,631 $723 7.87% 26.28%
2010 $25,636 $7,760 $1,676 $702 8.3% 23.73%
2009 $27,112 $6,237 $1,922 $1,523 19.63% 15.92%
2008 $25,531 $5,871 $2,272 $366 5.87% 14.1%
Year Price % Paid Value Rank
2020 $31,638 100%
2019 $22,485 72.06% Best
2018 $19,559 63.86% Better
2017 $17,486 62.61% Good
2016 $15,179 54.34%
2015 $13,072 44.57% Better
2014 $11,472 36.55% Good
2013 $10,107 31.64%
2012 $9,185 29.21%
2011 $8,462 26.28%
2010 $7,760 23.73%
2009 $6,237 15.92%
2008 $5,871 14.1%

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: