Chevrolet Equinox Pricing Analysis

Pricing Analysis by Model Year

Key Insights

• Recent Model Year Premium: The 2026 Chevrolet Equinox is currently priced at $30,527, which is approximately 2.5% above MSRP, indicating robust demand for the latest model.
• Substantial Depreciation in Earlier Models: The 2020 model shows a depreciation of ~32.9% from its MSRP, reflecting the significant drop in price for vehicles over three years old.
• Best Value in Mid-Year Models: The 2023 Equinox has a current average price of $22,191, which translates to a depreciation of approximately 16.4%, making it an attractive choice for budget-conscious buyers.

Model Year Pricing

Pricing by Popular US Cities

Market Area: Nationwide

Key Insights

• Highest City Prices: Boston, MA ($19,064) and Houston, TX ($18,922) present the highest average prices, likely influenced by regional demand for reliable compact SUVs.
• Lowest Prices Found in Chicago: The average price in Chicago ($15,637) is notably lower, suggesting either greater inventory or a price-sensitive market in that area.
• Comparative City Inventory: Chicago has the most listings at 1,162, indicating high availability, which may also contribute to lower pricing compared to other cities.

City-Level Pricing

Pricing by Trim Packages

Key Insights

• LT FWD is Most Common: With 2,702 listings, the LT FWD trim is the most widely available, making it a benchmark for pricing in the market.
• Premium Pricing for AWD Variants: The RS AWD trim has the highest MSRP at $35,600, reflecting a demand for added functionality in rugged conditions.
• Notable Features Across Trims: All trims provide key features such as Navigation System and Bluetooth, enhancing their value proposition, particularly in the LT trims.

Trim-Level Details

These recommendations are based on CarGurus' proprietary market data from June 18, 2026, CarGurus experts' opinions, and generative AI.