The 2022 Chevy Equinox is slightly more affordable than the outgoing 2021 model, GM Authority can confirm.
Pricing for the 2022 Chevy Equinox in the base LS trim level and with front-wheel drive starts at $26,995, which is $600 cheaper than the 2021 model-year Equinox. The 2022 Equinox LS with all-wheel drive is priced from $29,195, which is also $600 cheaper than its 2021 model-year equivalent. It’s a similar scenario with the 2022 Chevy Equinox LT with front-wheel drive or all-wheel drive, which are both $700 cheaper than they were for the 2021 model year.
| Trim Level | Drivetrain | Powertrain | 2022 Equinox | 2021 Equinox | +/- 2022 | % Change 2022 |
|---|---|---|---|---|---|---|
| L | FWD | Turbo 1.5L I4 LYX | Dropped | $24,995 | - | - |
| LS | FWD | Turbo 1.5L I4 LYX | $26,995 | $27,595 | -$600 | +2.22% |
| LS | AWD | Turbo 1.5L I4 LYX | $28,595 | $29,195 | -$600 | +2.1% |
| LT | FWD | Turbo 1.5L I4 LYX | $28,095 | $28,795 | -$700 | +2.49% |
| LT | AWD | Turbo 1.5L I4 LYX | $29,695 | $30,395 | -$700 | +2.36% |
| RS | FWD | Turbo 1.5L I4 LYX | $31,295 | Not available | - | - |
| RS | AWD | Turbo 1.5L I4 LYX | $32,895 | Not available | - | - |
| Premier | FWD | Turbo 1.5L I4 LYX | $32,195 | $32,695 | -$500 | +1.55% |
| Premier | AWD | Turbo 1.5L I4 LYX | $33,795 | $34,295 | -$500 | +1.48% |
Lastly, there’s the range-topping 2022 Chevy Equinox Premier, which is priced from $32,195 with front-wheel drive and $33,795 with all-wheel drive. This is $500 less than the 2021 Chevy Equinox Premier. The 2022 Chevy Equinox RS is priced from $31,295 with front-wheel drive and $32,895 with all-wheel drive, but this model is all-new for the 2022MY and there is thus no year-over-year price change to report.
There is no specific reason for the price deductions applied to the 2022 Chevy Equinox. We imagine the lower starting price tags will be welcome news for Chevy customers, though, as the automotive industry has seen a sharp rise in average transaction prices over the past year due to low inventory levels and high demand. The 2022 Chevy Equinox also represents the first model year of the second-generation Equinox’s mid-cycle enhancement (MCE) and incorporates revised exterior styling and a mildly overhauled cabin, among other changes. Power in the 2022 Equinox comes from a turbocharged 1.5L I4 LYX gasoline engine rated at 170 horsepower and 203 pound-feet of torque.
Looking ahead, the Chevy Equinox will be joined by the 2024 Chevy Equinox EV – a new battery-electric compact crossover that utilizes GM’s Ultium platform and Ultium Drive electric motors. The Equinox EV will enter production in the spring of 2023.
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Comments
Except for the $5k “surcharge” the dealerships now charge.
I believe the EV Equinox will be an amazing product that the Bolt should have been. Just the right size for most of us and our needs. I am so looking forward to it. The EV Blazer is coming soon thereafter and may be a better fit for a larger family.
I just wish all us early EV Bolt adopters could be first in line to get the EV Equinox. Please make an honest effort GM to reach out to all current Bolt owners before others fill the ordering slots up on us. That would be some real customer service…
GM never lowers the price for the customer’s benefit. They have de-contented the vehicle of minor things you won’t immediately notice. This will never be mentioned in any detail.
A slightly better looking vehicle with a slightly lower price. That’s a winning combo. Now let’s hope they can/will build enough of them to give the two Asian brands more heat.
I hope they fixed the wiring problems they have with the windshield wipers and took the water pump off the timing chain. Any body that Buys one should go to the service Department and ask how much is it to change the water pump it should cost less than 500 dollars. I will never buy one again Mechanics love them cause they love working on Carsas much as they cost you shouldn’t have work on them
the Equinox is a nice vehicle, my 2015 has been a very good car for me. Too bad they dropped the 2.0T. I need a vehicle that can actually tow something. The tow limit on the 1.5 is just a little too low for me.
I own a 2010 Equinox LTZ V6 and I love it besides maintenance it’s been a great vehicle but I am not ready to give it up yet I bought this car four years ago with 50,000 miles on it from an older guy who hardly drove it a lot it was and maintained very well. I am looking forward to the equinox EV hopefully it looks better then the current equinox not that’s it’s ugly I just prefer the styling of the 2010-2016.
Cheaper because they got rid of the 2.0L. No more competition within the model itself.
Matt the equinox kind of competes with the Blazer… The Blazer is not really that much bigger then the equinox… Actually my 2010 LTZ V6 is bigger then the current equinox GM made the Blazer then conveniently forgot about the poor Equinox two engine choices in the Equinox would be nice… I mean the Blazer has two engine choices!
It doesn’t though because the Blazer is way overpriced for what you get versus the competition. The Equinox is way more competitive.
The 2.0T for the Equinox was available on the 2LT and higher trims. Building a 2022 Equinox with 2LT and AWD comes out to just over $29k without any other additions. With a $1.5k-2k typical markup for getting just the 2.0T engine over the 1.5T, you’re looking at around $30.5-31k. They really screwed up by making it its own trim level with a lot of upgrades when people only really wanted the upgraded engine. The 2022 Blazer with 2LT (lowest possible trim) and AWD and no other options selected is almost at $37k. That’s a $6k+ difference, and no one is cross shopping at that price difference.
We wanted to get a decently fuel efficient vehicle that had good acceleration and also wasn’t too expensive. GM basically wrote off both these vehicles for us when they dropped the 2.0T from the Equinox in 2020. I know it wasn’t a huge volume seller at 8% due to the terrible packaging choices with it, but I’ve driven the 1.5T as a rental and that thing has almost no passing power on the highway nor going up hills. It can’t pass other vehicles, but I sure can pass on it being our next vehicle.
Test drive an Equinox back to back with its major competitors, and it’s unlikely to win the buy. The CR-V, Tucson, even the RAV4 are just better, more appealing vehicles. The Asians, understanding this, have the power to stick it to their customers; dealers order the higher trims almost exclusively. There seems to be a tacit understanding by GM and its dealers that the ‘nox is a value play.
Accordingly, they pump out a model mix that skews heavily toward the lower trim, more poorly equipped models. But in so doing, what Chevy stores have on their lots undercuts their competition by several thousand dollars. If you want a compact crossover, and need to keep your OTD under $30k, the Equinox is nearly the only game in town, and that is what wins it buys over the better competition. The bigger engine had a low take rate, and was discontinued, because dealers understood that ordering it resulted in a vehicle that didn’t have a price advantage, which meant it would sit on the lot for an eternity.
I wish they’ll stop advertising this vehicle with the dual and quad exhaust system when either is available on the 2022 model. A real deal breaker for me. I priced the RS without the sunroof which ranges about $37,580 before taxes. I guess I’ll pass until GM loses the Covid-19 mentality.
Arnold it seems like all car manufacturers are going with the one engine only Covid-19 mentality… Ford only offers one engine in the Ranger, the Explorer is down to one engine, the Equinox/Terrain only have one engine as does the Malibu and even if a car come with two different engines the manufacturers push the cheaper engine on people case and point the Toyota Camry you hardly ever see the V6 model and the current Equinox that was available with the 2.0 Turbo four every Equinox I looked at had the wimpy 1.5 liter four pot. We consumers need variety in the cars we buy please offer two engines again.