Chevrolet Equinox Lease Deals
One of the cheapest small SUV leases in America, especially during GM employee-pricing events.
Updated 2026-06-16 · Reviewed monthly
Est. monthly
$249
36 mo · 12k mi/yr
Due at signing
$2,299
Starting MSRP
$28,600
Residual / MF
55% / 3.24%
Why the Chevrolet Equinox leases the way it does
The monthly payment on a lease is driven by three things: the negotiated capitalized cost, the residual value at lease end, and the money factor (interest rate). On the Equinox, a typical 36-month deal amortizes about $12,870 of depreciation across 36 payments, plus a finance charge based on a money factor of roughly 0.00135 (~3.24% APR equivalent).
Lease highlights
- LT trim is the lease leader
- EV variant launching with $7,500 credit
Estimated monthly payment math
- Capitalized cost: ~$28,600 (MSRP, before negotiation)
- Residual (55%): $15,730
- Depreciation over term: $12,870
- Money factor: 0.00135 (~3.24% APR)
- Term: 36 months · 12,000 miles/year
Use our lease calculator to model your specific scenario, and check the payment math guide for a full walkthrough.