Chevrolet Equinox Pricing Analysis: Philadelphia, PA Market Report

Pricing Analysis by Model Year

Key Insights

• Depreciation Accelerates Over Time: Notably, the 2017 Chevrolet Equinox shows the most substantial depreciation at -58.1% compared to its original MSRP, reflecting a rapid decline in value for older models.
• Newer Models Retaining Value: The 2026 model, priced at $28,916, is slightly above MSRP, indicating a competitive market for newer vehicles with limited depreciation.
• Best Value Year: The 2022 model has the best value with prices approximately 23.3% below MSRP, suggesting a favorable entry point for buyers looking for recent models.

Model Year Pricing

Pricing in Nearby Cities

Market Area: Greater Philadelphia Region

Key Insights

• Lowest Prices in Trenton, NJ: Trenton offers the most competitive pricing at $17,329, indicating a potential oversupply or lower demand in this area.
• Higher Prices in Newark, DE: Conversely, Newark has a higher average price of $18,660, suggesting stronger demand or fewer listings relative to other locations.
• Inventory Variation: Trenton leads in total listings (896), which could contribute to its lower average pricing compared to cities with lower listing volumes.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• LT FWD as the Dominant Trim: The LT FWD trim is the most prevalent trim available with 143 listings, suggesting it is the popular choice among buyers.
• Price Spread Between Trims: The price for the LT AWD ($30,800) is significantly higher than the LT FWD ($28,800) by about $2,000, emphasizing the value of the AWD features.
• Limited Inventory for Premium Trims: Premium trims like RS AWD and ACTIV AWD show low availability, with only 12 and 10 listings respectively, indicating niche market appeal and potentially higher pricing for buyers seeking those features.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from June 11, 2026, CarGurus experts' opinions, and generative AI.