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02-06-2012 16:00

Think The Equinox Competes With The CR-V and RAV4? Think Again!


Think The Equinox Competes With The CR-V and RAV4? Think Again!

by
Nov 8th, 2009

chevy-equinox-competitionBeing the newest addition to Chevy’s line-up of CUVs, the Equinox has recently become the focus of much critical acclaim. However, many who reviewed the Equinox incorrectly identified its main competitors as the Toyota RAV4 and Honda CR-V. Let me set the record straight:

The Equinox does not compete with Toyota’s RAV4 or Honda’s CR-V. It competes in a size-class above those two vehicles, with its most direct competition being the Toyota Venza, Ford Edge, and Nissan Murano. How so?

Size

The Equinox is eight inches longer than the RAV4 and a full eleven inches longer than the CR-V (see charts below). While most car shoppers don’t make a buying decision based on inches, they do unscientifically measure the car’s dimensions based on “feel.” In that regard, a buyer cross-shopping a RAV4, a CR-V, and an Equinox would feel that the Equinox is much bigger compared to the other two.

Compact CUV dimension comparison

Compact CUV dimension comparison

mid-size-cuv-class

Price

That said, the Equinox does compete in the compact CUV class (such as the RAV4, CR-V, Nissan Murano, and Ford Escape) in its price. Having a base price of only $22,440, it is in the ballpark of a base-price RAV4 ($21,500), a CR-V (21,545), and Ford Escape ($20,500). However, since the Equinox competes size-wise in the mid-size CUV class, it undercuts its primary mid-size competition significantly:

  • Equinox base price – $22,440
  • Toyota Venza base price – $25,975
  • Nissan Murano base price (available with 3.5L v6 only) – $28,050
  • Ford Edge base price (available with 3.5L v6 only) – $26,920

What those numbers tell me is that the Equinox is a mid-size CUV for the price of a compact CUV.

Sub-Equinox Theta-based CUV

Since the Equinox is currently Chevy’s smallest CUV, the Chevrolet product line-up has a gap when it comes to the competition: a CUV that slots in underneath the Equinox and truly competes in the compact CUV space with the likes of the RAV4, CR-V, and Rogue. I have called for the need for a sub-Equinox vehicle here as well as in this Chevy line-up analysis article. GM could bring such a vehicle to market very quickly by badging the now-discontinued Saturn Vue with a Chevy bow tie. Perhaps GM is waiting for Saturn dealers to run out of their Saturn Vue inventory before introducing a competing vehicle… after all, GM doesn’t want to kick one of its previous brands when it’s down (and out) by competing with it.

Nevertheless, a compact Chevy CUV would give the Equinox room to move slightly upmarket (and hence, give Chevy an opportunity to raise its price to be more in line with the above-listed mid-size CUVs, which isn’t necessarily a must).

So can we please stop talking about the Equinox in terms of the RAV4 and CR-V? It would certainly help if GM didn’t market it as such either!

What do you think? Talk back in the comments!

4 ResponsesLeave a comment
  • Required: Name
    June 14, 2010 at 9:32 pm
    Reply

    I think it competes with all the vehicles then! Its all in one!! :)

    • Alex Luft
      June 14, 2010 at 9:48 pm
      Reply

      It may well do that – but the problem with a “one vehicle fits all approach” is that it doesn’t really work. That’s why we have so many different models – they all serve a particular purpose and do one particular thing well (at least!).

      As such, I think there’s space in the Chevy lineup for an even smaller CUV that would go against the Hyuindai Tucson, Kia Sportage, Nissan Rogue, etc. It can even use a smaller version of GM’s Theta platform of the Equinox. What do you think?

  • Vincent
    August 10, 2011 at 6:35 pm
    Reply

    I agree with you. While the Equinox is perfect just the way it is for me, it’s one vehicle trying to play the role of two – a compact and midsize crossover. The Equinox should be made slightly larger to accommodate a third row seat and be a true midsize crossover, while something similar to the the old Vue should be introduced that directly competes with CR-V/RAV4. If GM does this they can also make some improvements to the Equinox and command a slightly higher base price, while still remaining competitive/least expensive in the segment since it is competing against the likes of Edge, Murano, etc.

    • Alex Luft
      August 11, 2011 at 4:32 pm
      Reply

      Amen to that. And given how much the next-gen Escape and Edge will change, it will only be appropriate for Chevy to have one truly compact and one midsize CUV.

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