Chevy Equinox: The Honest Truth – Pros, Cons, and Everything In Between (Including Cost of Ownership)

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Jason Coulter

calendar Published on: Apr 22, 2025

clock 5 minutes

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If you're researching the Chevy Equinox, you’re not alone. As one of the most popular compact SUVs on the market, the Chevrolet Equinox consistently ranks among the top choices for families, commuters, and first-time SUV buyers. But is it really the right SUV for you?

This comprehensive Chevy Equinox review lays out the good, the bad, and the budget realities behind owning this vehicle. Whether you're comparing the Chevy Equinox vs Toyota RAV4 or diving deep into Chevy Equinox trim levels, you’ll find the honest details here—including fuel economy, cost of ownership, safety ratings, and the most common issues reported by owners.

 

A Quick Look at the 2025 Chevy Equinox

The 2025 Chevy Equinox is completely redesigned with sleeker exterior styling, improved tech, and a refined interior. This new generation aims to compete aggressively in the best compact SUV category, especially against stalwarts like the Honda CR-V and Toyota RAV4.

New 2025 Chevy Equinox Features Include:

  • 11-inch infotainment touchscreen
  • Google built-in for seamless voice control
  • More cargo space than previous generations
  • Expanded suite of driver assistance features
  • Optional all-wheel drive on all trims

 

Chevy Equinox Pros and Cons

✅ Pros

1. Great Value for the Price The Chevy Equinox price starts around $29,000 for the base LT trim and can reach up to $36,000 for the RS AWD version. For what it offers—modern tech, spacious interior, and top-notch safety—it’s competitively priced in its segment.

2. Impressive Gas Mileage One of the key strengths in any Chevy Equinox review is its fuel economy. The Chevy Equinox gas mileage is rated at:

  • 26 mpg city
  • 31 mpg highway
    Which places it among the more fuel-efficient SUVs in its class.

3. Comfortable Ride and Quiet Cabin The Chevy Equinox interior is praised for being spacious, user-friendly, and quiet at highway speeds. Whether you’re commuting or heading out on a weekend road trip, the ride feels smooth and well-balanced.

4. Solid Safety Ratings The Chevy Equinox safety ratings consistently score high from organizations like the IIHS and NHTSA, earning top marks for crash prevention and structural integrity. It’s equipped with standard features like:

  • Forward collision alert
  • Lane keep assist
  • Automatic emergency braking

5. Versatile Cargo Space If storage is a concern, you’ll love the Chevy Equinox cargo space dimensions:

  • 29.9 cubic feet behind the second row
  • 63.9 cubic feet with the rear seats folded
    This flexibility makes it a favorite for active families and pet owners alike.

❌ Cons

1. Middling Acceleration Despite updates, the standard 1.5L turbocharged engine can feel sluggish. Competitors like the Toyota RAV4 and Mazda CX-5 offer quicker 0–60 times and stronger engine options.

2. Average Interior Materials While the layout is clean and tech-forward, the Chevrolet Equinox interior still features some hard plastics, especially in lower trims, making it feel less premium than some rivals.

3. No Hybrid Option (Yet) Unlike the RAV4 Hybrid or Ford Escape Hybrid, the Equinox doesn’t currently offer a hybrid variant. For eco-conscious drivers or those looking to maximize fuel economy, this could be a drawback.

4. Some Reliability Concerns in Older Models While the 2025 Chevrolet Equinox reliability is expected to be strong, past models have shown issues with timing chains, oil consumption, and electronic glitches. These Chevy Equinox problems are most commonly reported in 2010–2013 and 2018 model years.

 

Chevy Equinox Trim Levels

The Chevy Equinox trim levels for 2025 include:

  • LT: Base trim with solid features, great for budget-minded buyers
  • RS: Sportier trim with black exterior accents, 19" wheels, and upgraded interior
  • Premier (TBD): Expected to return later in the year, likely with leather seats and advanced tech

Each trim can be configured with AWD for snowy climates or off-road capability.

 

 

Cost of Owning a Chevy Equinox

Let’s break down the Chevy Equinox cost of ownership:

CategoryEstimated Annual Cost
Insurance$1,200–$1,600
Fuel (15,000 miles/year)$1,400–$1,600
Maintenance and Repairs$500–$800
Depreciation (5 years)~$11,000

Over five years, the cost of owning a Chevy Equinox averages around $36,000–$40,000, depending on trim level, location, and maintenance habits.

For those concerned about long-term costs, investing in a vehicle service contract like those offered by Noble Quote can help mitigate surprise repair bills.

 

How Does the Chevy Equinox Compare?

Chevy Equinox vs Toyota RAV4

  • Fuel economy: RAV4 wins with 35+ mpg in hybrid trims
  • Interior quality: RAV4 has a more upscale cabin in higher trims
  • Price: Equinox is more affordable upfront

Chevy Equinox vs Honda CR-V

  • CR-V offers more rear legroom and smoother acceleration
  • Equinox offers more competitive pricing and user-friendly infotainment

Compare Chevy Equinox carefully if resale value, hybrid options, or cargo dimensions are key to you.

 

Used Chevy Equinox Models: What to Know

If you're considering a used Chevy Equinox, be aware of these:

  • 2010–2013 models: Common engine issues
  • 2018 model: Known for electronic glitches
  • 2020+ models: Generally more reliable, with updated safety tech

 

Who Should Buy the Chevy Equinox?

You should buy a Chevy Equinox if:

  • You want a compact SUV with modern tech and solid safety
  • You value fuel efficiency and cargo versatility
  • You’re on a budget but want reliability and style

It may not be the best compact SUV for performance or luxury seekers, but for everyday practicality and value, the Equinox delivers.

 

Final Verdict: Is the Chevy Equinox Worth It?

The Chevy Equinox isn’t perfect—but for many drivers, it strikes the right balance between cost, comfort, and capability. The 2025 Chevy Equinox review highlights the model’s continued improvement in tech and design, and while it's not the fastest or flashiest SUV out there, it’s a dependable choice for daily drivers and small families alike.

If you’re concerned about Chevy Equinox long-term reliability or costly repairs down the line, a vehicle service contract may be a smart choice. Get your coverage options here.

 

Ready to Protect Your Equinox?

If you’re eyeing a new or used Chevy Equinox, protect your investment with Noble Quote’s vehicle service contracts. We offer flexible coverage, fast claims service, and total peace of mind—because you deserve it.

Visit the Noble Quote Learning Center to learn more

FAQ: What Real Drivers Ask About the Chevy Equinox

Is the Chevy Equinox a reliable SUV?

Yes, the Chevy Equinox is generally considered reliable, especially in model years 2020 and newer. According to J.D. Power and RepairPal, recent models have average to above-average reliability scores. However, earlier models (like 2010–2013) had more reported engine issues.

What are the most common problems with a Chevy Equinox?

Common issues in older Equinox models include excessive oil consumption, timing chain failure, and electrical glitches. Most of these problems were found in earlier model years and have been addressed in newer versions.

How much does it cost to maintain a Chevy Equinox each year?

Annual maintenance costs for a Chevy Equinox typically range from $500 to $800, depending on mileage, location, and whether the vehicle is under warranty or has a service contract.

What is the average cost of owning a Chevy Equinox over 5 years?

The cost of owning a Chevy Equinox over 5 years is estimated between $36,000 and $40,000, factoring in depreciation, insurance, fuel, and repairs.

What is the gas mileage of the Chevy Equinox?

The 2025 Chevy Equinox offers an estimated 26 mpg in city driving and 31 mpg on the highway, making it a fuel-efficient option in the compact SUV class.

Is the Chevy Equinox good for families?

Yes, the Equinox is a popular choice for families thanks to its high safety ratings, spacious cargo capacity (up to 63.9 cu ft), and smooth ride. It also offers child safety seat anchors and driver assistance features as standard.

How does the Chevy Equinox compare to the Toyota RAV4 or Honda CR-V?

The Equinox typically offers a lower starting price and a quieter ride, while the RAV4 and CR-V may have better resale value and hybrid options. It’s ideal for budget-conscious buyers who prioritize comfort and technology.

What trim level of the Chevy Equinox is best for fuel efficiency?

The base LT trim with front-wheel drive offers the best fuel efficiency due to its lighter build. All-wheel drive and higher trims like the RS may reduce mpg slightly.

Does the Chevy Equinox hold its value?

The Chevy Equinox retains a moderate resale value. While it depreciates faster than some competitors like the RAV4, proper maintenance and lower mileage help preserve value.

Can I protect my Chevy Equinox with an extended warranty?

Absolutely. A vehicle service contract from a trusted provider like Noble Quote can help cover major repair costs and reduce out-of-pocket expenses, especially after the factory warranty expires.

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