2022 Chevrolet Equinox Prices: MSRP vs Dealer Invoice vs True Dealer Cost w/Holdback
MSRP | Invoice Price | Destination Fee | Holdback | Dealer Cost
Chevrolet Equinox Pricing for the LS, LT, RS and Premier Trims
To find the best possible price on a new Chevrolet Equinox, shop prices online first. Get up front pricing before you walk into a dealership. We recommend the following free services;
How to Calculate The Dealer Cost of a Chevrolet Equinox
Formula for Calculating Dealer Cost:
- Example: Base Chevrolet Equinox invoice price + the dealer Invoice price of all the options + destination - Holdback = Total Dealer Cost.
- What is Holdback? A hidden amount that manufacturers give back to a dealer. It is a percentage of the MSRP or the Invoice price.
Total Dealer Cost - Rebate and Incentive + Taxes / Licensing Fees = True Dealer Cost. (You can get rebates and incentives here)
The Chevrolet Equinox is an SUV that has held on to its popularity over the years. It has earned its loyal fanbase by providing satisfying driving and a versatile cabin. The 2022 Chevrolet Equinox is part of the third generation of this vehicle, which first hit the scene in 2018.
What's New for 2022?
Several changes happen to the Equinox this year, including an update to its exterior style. The wireless versions of Android Auto and Apple CarPlay are now standard, and some of the more advanced safety features are available on lower trims. Speaking of trims, the entry-level L is now gone, making the LS the most affordable model. There is also a brand-new RS model for shoppers to take a look at.
There are four Equinox trims in 2022, all of which are powered by a turbocharged 1.5L four-cylinder engine. It makes 170-horsepower and 203 lb-ft of torque. A six-speed automatic transmission is mated to this engine, which can be paired with front-wheel or all-wheel drive. When properly equipped, the Equinox can tow up to 1,500 pounds. Several rivals can tow more, which is something buyers should keep in mind.
The 2022 Equinox beats many of its rivals when it comes to its fuel efficiency. With front-wheel drive, drivers can expect 26mpg in the city and 31mpg on the highway. Buyers who can choose to upgrade to all-wheel drive can expect 25mpg in the city and 30mpg on the highway, which is still pretty good.
A Wi-Fi hotspot is standard on all Equinox models, plus the wireless Android Auto and Apple CarPlay that was added for this year. Most models have a 7-inch touchscreen, although the top Premier trim level bumps that up to 8-inches. The base LS has a six-speaker sound system, and it gives drivers HD and satellite radio to listen to. An impressive four USB ports are part of the standard equipment, plus Bluetooth.
On select models, the 2022 Equinox adds wireless device charging. Navigation is available, along wtih two extra USB ports. The RS and Premier models also gain an extra speaker, bringing their total up to seven. Exclusive to the top trim is a 120-volt power outlet.
The Equinox is spacious for both gear and passengers. This SUV has two rows and seating for five. While adults will find plenty of head and legroom in the backseat, it would be best not to try to stick three of them back there for another other than a short journey. Three children should have no problem sitting back there, though.
When it comes to cargo space, there are nearly 30 cubic feet behind the second row. Folding down that back row is relatively easy, and it gives the driver just under 64 cubic feet. The RS trim level has a power liftgate, while the Premier takes it to the next level with a hands-free version.
The Equinox LS has lane-keeping assist and forward-collision mitigation standard. There is also a rear-seat reminder, which is intended to get drivers to double-check their backseat before exiting their vehicle. Starting with the LT model, drivers can choose to add a package that includes parking sensors and blind-spot monitoring. Premier models can add a package that will give them adaptive cruise control and a surround-view camera system.
With the LS being the new entry-level model, the Equinox technically has more standard features than ever before. Of course, this means that it is also more expensive. Included on the LS are features like LED headlights, push-button start, and keyless ignition. The LT is the next level up, and it adds a power-adjustable driver's seat and satellite radio. This trim also has some chrome to show off on its exterior.
The new RS trim level has a power liftgate and roof rails to make it easier to load with gear. It also has 19-inch black-painted wheels, plus black upholstery with red accent stitching. The top Premier is borderline luxurious, coming standard with a heated steering wheel, wireless charging pad, ambient interior lighting, and leather upholstery.
While not particularly sporty, the Equinox is pleasant to drive. The braking power is impressive, and the steering provides just enough feedback to the driver. Overall, the ride is smooth because the suspension can handle the bumps in the road. This is less true of the RS model, however, because of its larger wheels.
The 2022 Chevrolet Equinox is a well-rounded SUV that will continue to be a favorite with buyers shopping for a compact SUV.
Note: All Chevrolet Equinox MSRP, invoice and dealer cost dollar figures above are subject to change without notice.
A note about rebates: Most rebates are subtracted from the "on the road" figure. In most cases, you can have the rebate if you are arranging your own financing or you are paying cash. If you decide to use the manufacturer’s low interest financing, you do not usually get the rebate. Ask your dealer for details.