Most 2020 models are available with a 15 percent discount.
If you've been on the fence about buying a Chevrolet Equinox, now is the time to act. Chevrolet offered some generous discounts for the compact crossover last month, slashing the MSRP by thousands of dollars. For July, there are even better discounts available for the 2020 model. Like last month, most models in the 2019 Chevrolet Equinox range are reduced by $5,000, with the exception of the entry-level L trim.
If, however, you would rather buy the newer 2020 Equinox, most models are eligible for a 15 percent cashback incentive. Again, this offer doesn't include the entry-level L trim. With this incentive, buyers can receive a rebate of up to $5,710 on the range-topping Equinox Premier.
That's a generous discount considering the Premier trim, which starts at $31,400, comes equipped with standard LED headlights, fog lights, a hands-free power liftgate, an eight-inch touchscreen, heated front seats, dual-zone climate control, and leather upholstery.
Standard safety equipment includes a rear parking assist, rear cross-traffic alert, lane change alert, and blind spot monitoring. 19-inch wheels are also included with the 2.0-liter turbo, which produces 252 hp and 260 lb-ft of torque. Other engine options for the 2020 Equinox include a 1.5-liter turbocharged four-cylinder engine with 170 hp and 203 lb-ft of torque.
Additional deals are also available for financing and leasing. Throughout July, the 2019 and 2020 Equinox are available with 0 percent APR for up to 84 months when financing with GM Financial. If you would rather lease, eligible customers can lease the 2020 Equinox LT FWD for $268 a month for 39 months with 10,000 miles per year. These cashback incentives and finance offers will be available until August 3rd, 2020.
Chevrolet was planning to give the Equinox a refresh for the 2021 model year, but factory shutdowns caused by the global pandemic have delayed it until 2022. As well as fresh, more aggressive exterior styling inspired by the Camaro and an improved interior, the 2022 Equinox will introduce a new RS trim inspired by the Chevrolet Blazer RS.