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Chevrolet Equinox Discount Drops Price By Up To $6,875 In December 2020

A new Chevrolet Equinox discount combines employee pricing with a $4,250 cashback rebate for select 2020 models. Additionally, The Bow Tie brand is discounting select 2021 Equinox models by $3,250. It appears that the employee pricing incentive may only be combined with the 2020 Equinox discount, but not the offer for 2021 units, though this is not explicitly stated.

In addition to the retail incentives, a special nationwide lease offer is available, as are special financing offers, which are combined with cash discounts. For those who may not be familiar with the product line, the 2020 Chevrolet Equinox is available with either front-wheel or all-wheel drivetrain configurations, as well as in four trim levels: L, LS LT and Premier. The 2021 Chevrolet Equinox follows suit, and receives minor changes and updates for the new model year.

Incentives

Nationwide Chevrolet Equinox discount offers during December 2020 are as follows:

  • Purchase Offers:
    • 2020 Equinox: $4,250 customer cash + employee pricing discount which varies according to vehicle MRSP
      • Example: $4,250 + $2,625 employee pricing rebate = $6,875 total discount on Equinox Premier FWD
    • 2021 Equinox: $3,250 customer cash
    • Excludes base L trim
  • Finance Offers:
    • 2020 Equinox: 2.19 percent APR for up to 72 months + $3,150 cashback rebate
    • 2021 Equinox: 2.19 percent APR for up to 72 months + $2,150 cashback rebate
    • Excludes base L trim
  • Lease Offers:
    • 2020 Equinox: $239 monthly for 39 months for eligible current lessees
      • Applies to 2020 Equinox LT FWD model
      • Ultra low-mileage lease with 10,000 miles per year
      • $749 due at signing (after all offers)
      • $0 security deposit
    • 2021 Equinox: $239 monthly for 39 months for eligible current lessees
      • Applies to 2021 Equinox LT FWD model
      • Ultra low-mileage lease with 10,000 miles per year
      • $699 due at signing (after all offers)
      • $0 security deposit

Interested parties should note that the above cashback incentive and finance offers will run through January 4th, 2021.

For reference, here are the applicable 2020 and 2021 Chevrolet Equinox trim levels and their corresponding starting MSRPs, $1,195 destination freight charge included (note – pricing remains the same for the 2021 model year):

  • L – $24,995
  • LS – $27,495
  • LT – $28,695
  • Premier – $32,595

Prospective buyers might like to know that the upcoming refresh for the Equinox nameplate has been postponed, meaning the revised design and updates will not appear in North America with the 2021 model as originally intended, but on the 2022 Equinox model instead. The delay is due to complications caused by the COVID-19 pandemic.

Disclaimers

  • Must take delivery by January 4th, 2021, unless otherwise specified.
  • See dealer for details.
  • Incentive for the United States of America, unless otherwise specified.
  • Some customers may not qualify for this Chevrolet Equinox discount offer.
  • Offer not available with special finance, lease, and some other offers.

We strive to provide accurate and up-to-date information about the vehicles and their incentives in question, but errors and misprints can happen. In addition, the manufacturer can change incentive information at any time and without notice. Always consult with your dealer regarding color availability information before making purchase decisions. GM Authority will not be held responsible for any misprints, typos or any other errors.

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