In February 2023, a Chevy Equinox discount totals up to $1,750 for select markets on the 2022 Chevy Equinox and $1,000 on the 2023 Chevy Equinox.
The Bow Tie brand also offers low-interest financing for up to 60 months on the 2022 and 2023 Equinox.
In addition, a national lease is available on the 2022 Equinox FWD LT for $239 per month for 24 months and on the 2023 Equinox FWD LT for $269 per month for 24 months, for current lessees of a 2018 model year or newer vehicle.
Chevy Equinox Incentives
Chevy Equinox discount offers in February 2023 are as follows:
- Purchase Offers:
- 2022 Equinox
- $1,000 Customer Cash
- $750 Select Market Purchase Bonus for current lessees or owners of a 2009 model year or newer vehicle
- Combined rebate of up to $1,750
- 2023 Equinox
- $1,000 Customer Cash
- 2022 Equinox
- Finance Offers:
- 2022 Equinox
- 2.99 percent APR for up to 60 months
- Must finance with GM Financial
- $750 Select Market Purchase Bonus for current lessees or owners of a 2009 model year or newer vehicle
- 2023 Equinox
- 2.99 percent APR for up to 60 months
- Must finance with GM Financial
- 2022 Equinox
- Lease Offers:
- 2022 Equinox FWD LT
- $239 per month for 24 months
- Ultra low-mileage lease with 10,000 miles per year
- $2,289 due at signing for current lessees of a 2018 model year or newer vehicle (after all offers)
- $0 security deposit
- Available nationwide
- 2023 Equinox FWD LT
- $269 per month for 24 months
- Ultra low-mileage lease with 10,000 miles per year
- $1,619 due at signing for current lessees of a 2018 model year or newer vehicle (after all offers)
- $0 security deposit
- Available nationwide
- 2022 Equinox FWD LT
The above Chevy Equinox compact crossover offers are valid through February 28th, 2023.
Chevy Equinox Pricing
For reference, here are the 2022 and 2023 Chevy Equinox trim levels and corresponding starting MSRPs, $1,395 destination freight charge included:
2022 Equinox
- LS – $27,695
- LT – $28,795
- RS – $31,995
- Premier – $32,895
2023 Equinox
- LS – $27,995
- LT – $29,095
- RS – $32,095
- Premier – $33,195
The 2022 Chevy Equinox received a mid-cycle refresh for the fifth model year of the third-generation compact crossover, which includes a long list of changes and updates such as styling enhancements, new paint colors, and the arrival of the sporty RS trim level. Also, for 2022, the base L trim level was dropped, with the LS now being the entry-level trim, and the RS now added above the LT. The Premier continues to be the top trim level.
The 2023 Chevy Equinox ushers in a few noteworthy updates and changes, one of the biggest of which is a new engine, with the turbocharged 1.5L I4 LSD gasoline engine replacing the turbocharged 1.5L I4 LYX. Also, the 2023 Equinox will get a new e-boost braking system. Additionally, the Sport Edition and Midnight Edition packages return for the 2023 model year. Pricing for the 2023 Equinox increases $300 across the board over 2022.
In December the 2023 Chevy Equinox received a “recommended” rating by Consumer Reports. However, IIHS gives the Chevy Equinox a “poor” rating in its updated moderate overlap front test for model years 2021 through 2023.
Regarding the future of the popular compact crossover, GM President Mark Reuss confirmed that the next-generation Chevy Equinox will arrive in 2024, during a presentation given at last fall’s GM Investors Day event.
“This is the big redo of our popular ICE Equinox that we have today, in the biggest segment of the world,” Reuss said. “This is right in the heart of the market and, again, this is a major redo for us here, so we’re very excited.” Reuss also stated the next-gen Equinox would be “high-volume” and “much more profitable than the old one,” also adding that the next-gen would be a “second lap” for the underlying architecture.
Our spies first spotted the 2025 Chevy Equinox prototype testing in November, and again last month. Also, GM authority has learned that next-gen Equinox could get the Activ trim level like that offered on the current-generation Chevy Trailblazer and upcoming 2024 Chevy Trax.
The Equinox is already the Bow Tie brand’s second best-selling model behind the Chevy Silverado and GM’s third best-selling model overall. Now, according to a new report, the Chevy Equinox was the most leased vehicle in the U.S. in Q3 2022.
Production of the 2023 Chevy Equinox began at the GM San Luis Potosà plant and GM Ramos Arizpe plant, both located in Mexico, on August 22nd, 2022. The online configurator tool is now live for the 2023 Equinox.
Meanwhile, the 2024 Chevy Equinox is expected to largely be a carryover from the 2023 model year, with production set to start in May 2023 and end in October 2024Â to make room for the upcoming, next-gen model.
Disclaimers
- Must take delivery by February 28th, 2023.
- See dealer for details.
- Incentive for the United States of America, unless otherwise specified.
- Some customers may not qualify for this Chevy Equinox discount offer.
- Offers not available with special finance, lease, and some other offers.
- All offers are nationally available, unless noted otherwise.
- Additional discounts may be available in certain markets.
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 is not responsible for any omissions, misprints, or any other errors.
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Comments
GM is loosing Equinox sales because of their own stupid decisions to under power it. Mary is very good at stepping on her winners.
Absolutely agree. I have a 2.0T equinox and it was a no brainer to get this engine. Mary saves money on one end and gives away on the other end.
Yup, they lost half their sales dollars because 5% of the buyers are now alienated. Of those 5%, probably a handful only really bought that motor because they really wanted it and thought it was an upgrade, others it was just part of the package they bought and couldn’t care less…
You know I always click articles about the Equinox and Terrain just to see the same broken comments from a few whining about 2.0 not being an option and slaughtering the 1.5 like it is some 70hp 80’s Citroen powerplant. So funny to read that they (you) think any of the buyers of that vehicle even care. They made the right decision, it didn’t sell and cut in to profits so out it goes and on to the next one.
Oh yeah, sales tanked because of a 5% take rate on the 2.0 that no one even knows the difference between. Come on man, are you that petty you need to make up stuff to fluff your own narrative? The 1.5 is plenty competitive in the segment, if you look at reviews some of the competitors are even slower and have worse mpg. This engine is great at what this vehicle and the clientele that buy it want it to do. It is great around town, holds speeds well on the highway and gets good mpg and doesn’t need to be wrung out accelerate. All that torque down low is much better than a little extra passing power at 80+ mph which rarely anyone who drives this vehicles cares about. Remember, this is about as vanilla a vehicle class as there is, 99.8% of the buyers don’t care about passing HP and are car guys. Where those drives operate, the 1.5 is great at…
The take rate for the 2.0 would have been higher had they made more available…they had no trouble selling the 2.0 equipped units they made. If you only make 5% of the units with the 2.0 you will only sell 5%. Similar to the 20% take rate on the previous gen’s 3.6L V6. They didn’t make enough available, and when they showed up on the lots they were the first to be sold. It took me months of shopping and waiting before I was able to find a 3.6L V6 AWD Equinox back in 2015. Still have it.
The 1.5L Equinox is underpowered compared to the Nissan Rogue (which has a 3cyl turbo now), the Hyundai Santa Fe which has more horsepower from a naturally aspirated engine, and even the new Honda CR-V which also has a 1.5L turbo but more horsepower.
The current Equinox is on its 6th model year of the current generation and quickly losing ground to its more modern competitors.
Car and Driver on the 2023 Equinox: “Underpowered and frequently out of breath, the turbocharged 1.5-liter four-cylinder engine won’t win any fans with its sluggish performance…”
Motor Trend on the 2023 Equinox: “Underpowered, laggy powertrain”
Consumer Reports on the 2023 Equinox: “The engine is a bit of a letdown.”
USNews on the 2023 Equinox: “The Equinox has sufficient power around town, but this Chevy could use more gusto for traveling on the highway. The transmission doesn’t help matters with its inconsistent downshifts.”
Cars.com on the 2023 Equinox: “It’s just not enough; despite being turbocharged, it’s anything but peppy, with sluggish response from a stop and weak midrange power for passing.”
See the trend here?
People are buying the 1.5L because it is all that is offered and easy to find on lots, plain and simple. It is selling purely on price to people that don’t know what they are missing or haven’t shopped the competition. If the 2.0 was still offered, and GM actually made more available with the 2,0 than they did previously, the take rate would be higher. You can’t sell what you don’t make (or make enough of.)
Be nice to see Canadian offers
Most people have no idea what engine they have. They put gas in and drive. But I do. Waited till I found a 2.0 with the 9 speed trans. Super smooth and all the power I need. I enjoy that car every time I drive it!
The 1.5 gas mileage is great- the 2.0 not so much with premium grade recommended.
The Texla is going to greatly effect your market share, really considering the y even though I don’t care for the ceo.