Chevy cuts Equinox EV lease costs by almost $140 per thirty days

For those who have been seeking to lease Chevy’s new all-electric Equinox, it simply bought quite a bit cheaper. Chevy lower Equinox EV lease costs by almost $140 per thirty days. With new gives, the Chevy Equinox EV will be leased for as little as $379 per thirty days.

After kicking off Equinox EV deliveries final month, Chevy is already introducing vital financial savings alternatives.

On Chevy’s web site, 2024 Equinox EV lease costs begin at simply $379 per thirty days. The deal is for 36 months, with $3,198 due at signing. It contains 10,000 miles a 12 months and is predicated on an MSRP of $43,295. GM included $500 off for certified lessees.

With an efficient fee of $468, the 2024 Chevy Equinox EV is almost $100 cheaper per thirty days to lease than the Tesla Mannequin Y.

In accordance with on-line analysis agency CarsDirect, Tesla Mannequin Y lease charges went up $50 this month. The Lengthy Vary mannequin now begins at $449 with $4,143 due at signing, or $564 per thirty days.

In the meantime, the RS trim is considerably discounted. The Chevy Equinox RS will be leased for $429 for 36 months. With $3,109 due at signing, that quantities to $515 per thirty days.

Chevy Equinox EV lease costs drop to simply $379/mo

Beforehand, the RS trim had an efficient value of $651 per thirty days ($569 for 39 months and $3,209 due at signing), that means it’s $136 cheaper per thirty days to lease.

Based mostly on CarsDirect knowledge, GM raised the 36-month residual values on the RS mannequin to 75% from 68%, whereas the lease fee dropped from 7.3% to five.5%.

Chevy’s present 2LT FWD is the most cost effective mannequin hitting dealerships, beginning at $43,295. The lower-priced $34,995 will likely be obtainable to order later this 12 months. All trims are eligible for the $7,500 federal tax credit score.

Though this can be a vital deal, Chevy Blazer EV lease costs are much more interesting. The 2024 Chevy Blazer EV is listed at $369 per thirty days for twenty-four months. With $1,679 due upfront, the efficient lease fee is $439 per thirty days, solely $10 greater than the gas-powered mannequin.

Chevy isn’t the one one reducing EV lease costs. Honda slashed lease costs on its first electrical SUV, the Prologue. The 2024 Honda Prologue now begins at $399 per thirty days for 36 months (with $3,999 due at signing).

For those who’re out there for a brand new EV, you possibly can benefit from vital financial savings alternatives. Use our hyperlinks under to search out offers on in style fashions at a supplier close to you.